U.S. DEPARTMENT OF THE TREASURY | BUREAU OF THE FISCAL SERVICE

Monthly Treasury Statement 

Receipts and Outlays of the United States Government 

For Fiscal Year 2019 Through July 31, 2019, and Other Periods 

Contents 

Summary.................................................................................................................................................................... Page 5

Receipts...................................................................................................................................................................... Page 10

Outlays........................................................................................................................................................................ Page 11

Means of Financing.................................................................................................................................................... Page 25

Receipts/Outlays by Month......................................................................................................................................... Page 35

Federal Trust Funds/ Securities.................................................................................................................................. Page 37

Receipts by Source/Outlays by Function.................................................................................................................... Page 38

Explanatory Notes....................................................................................................................................................... Page 39

Introduction

 The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) is prepared by the Bureau 

of the Fiscal Service, Department of the Treasury and, after approval by the Fiscal Assistant Secretary of the Treasury, is 

normally released on the 8th workday of the month following the reporting month. The publication is based on data provided 

by Federal entities, disbursing officers, and Federal Reserve banks.

AUDIENCE 

 The MTS is published to meet the needs of those responsible for or interested in the cash position of the Treasury, those who 

are responsible or interested in the Government's budget results; and individuals and businesses whose operations depend 

upon or are related to the Government's financial operations. 

DISCLOSURE STATEMENT 

 This statement summarizes the financial activities of the Federal Government and off-budget Federal entities conducted in 

accordance with the Budget of the U.S. Government, i.e., receipts and outlays of funds, the surplus or deficit, and the means 

of financing the deficit or disposing of the surplus. Information is presented on a modified cash basis; receipts are accounted 

for on the basis of collections; refunds of receipts are treated as deductions from gross receipts; revolving and management 

fund receipts, reimbursements and refunds of monies previously expended are treated as deductions from gross outlays; and 

interest on the public debt (public issues) is recognized on the accrual basis. Major information sources include accounting data 

reported by Federal entities, disbursing officers, and Federal Reserve banks. 

TRIAD OF PUBLICATIONS 

 The MTS is part of a triad of Treasury financial reports. The Daily Treasury Statement is published each working day of the 

Federal Government. It provides data on the cash and debt operations of the Treasury based upon reporting of the Treasury account 

balances by Federal Reserve banks. The MTS is a report of Government receipts and outlays, based on agency reporting. The 

Combined Statement of Receipts, Outlays, and Balances of the United States Government is the official publication of the detailed 

receipts and outlays of the Government. It is published annually in accordance with legislative mandates given to the Secretary of the 

Treasury. 

DATA SOURCES AND INFORMATION 

 The Explanatory Notes section of this publication provides information concerning the flow of data into the MTS and sources 

of information relevant to the MTS. 

3

Highlight

The budget estimates provided in Tables 2 and 3 are based on the Mid-Session Review of the 

FY 2020 Budget, which was released by the Office of Management and Budget on July 12, 2019.

July has been a deficit month 63 times out of 65 fiscal years, since there are no major corporate 

or individual tax due dates in this month. 
4

Total Receipts

$251 Billion

Total Outlays

$371 Billion

Receipts by Source: Outlays by Function:

Figure 1. Receipts, Outlays, and Surplus/Deficit for July 2019

Figure 2. Cumulative Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2019

Total Receipts

$2,860 Billion

Total Outlays

$3,727 Billion

Receipts by Source: Outlays by Function:

Deficit

$867 Billion

Source data: Table 9

Social Insurance & Retirement $94 Billion 

Individual Income Taxes $127 Billion 

Miscellaneous 

$8 Billion Excise Taxes 

$8 Billion 

Corporation Income Taxes 

$7 Billion Deficit

$120 Billion

Customs Duties

Estate & Gift Taxes

$6 Billion 

$1 Billion 

$88 Billion Social Security

National Defense

$50 Billion Health

$56 Billion 

Income Security

$56 Billion Medicare

$38 Billion 

$7 Billion 

$15 Billion 

$35 Billion Net Interest

$17 Billion Veterans' Benefits & Services

$9 Billion Transportation

Education

Other

Social Insurance & Retirement $1,043 Billion 

Individual Income Taxes $1,429 Billion 

Miscellaneous 

$171 Billion 

Excise Taxes 

$79 Billion 

Corporation Income Taxes 

$67 Billion 

Customs Duties

Estate & Gift Taxes

$57 Billion 

$14 Billion 

$868 Billion Social Security

Medicare

$482 Billion Health

$540 Billion 

Income Security

$568 Billion National Defense

$446 Billion 

$76 Billion 

$119 Billion 

$343 Billion Net Interest

$166 Billion 

Veterans' Benefits & Services

$117 Billion 

Transportation

Education

Other
5

Period Receipts Outlays Deficit/Surplus (-)

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2018 and 2019, by Month

[$ millions]

FY 2018

 October 235,341 298,555 63,214

 November 208,374 346,922 138,547

 December 325,797 348,989 23,192

 January 361,038 311,801

 February 155,623 370,862

 March 210,832 419,576

-49,237

215,239

208,744

 April 510,447 296,192

 May 217,075 363,871

 June 316,278 391,136

 July 225,266 302,131

 August 219,115 433,263

-214,255

146,796

74,858

76,865

214,148

 September 343,559 224,443 -119,116

 Year-to-Date 3,328,745 4,107,741 778,996

FY 2019

 October 252,692 353,183 100,491

 November 205,961 410,864 204,903

 December 312,584 326,123 13,539

 January 339,980 331,299 -8,681

 February 167,265 401,243 233,977

 March 228,811 375,756 146,945

 April 535,545 375,240

 May 232,064 439,833

-160,304

207,768

 June 333,952 1342,430 8,477

 July 251,348 371,044 119,696

 Year-to-Date 2,860,202 3,727,014 866,812

1 Outlays increased by $1 million due to additional reporting by the Architect of Note: Details may not add to totals due to rounding.

the Capitol.

Classification This

Month

Current

Fiscal Year

to Date

Budget

Estimates Full

Fiscal Year 1

Comparable

Prior Period

Year to Date

(2018)

Budget

Estimates

Next Fiscal

Year (2020) 1

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, July 2019 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 251,348 2,860,202 3,472,324 2,766,071 3,631,874

 On-Budget Receipts 182,519 2,094,070 2,557,867 2,053,906 2,685,416

 Off-Budget Receipts 68,829 766,132 914,457 712,164 946,458

 Total Outlays 371,044 3,727,014 4,472,961 3,450,035 4,676,957

 On-Budget Outlays 293,461 2,992,638 3,565,608 2,764,023 3,714,389

 Off-Budget Outlays 77,582 734,377 907,353 686,013 962,568

 Total Surplus (+) or Deficit (-) -119,696 -866,812 -1,000,637 -683,965 -1,045,083

 On-Budget Surplus (+) or Deficit (-) -110,942 -898,568 -1,007,741 -710,116 -1,028,973

 Off-Budget Surplus (+) or Deficit (-) -8,753 +31,756 +7,104 +26,152 -16,110

 Total On-Budget and Off-Budget Financing 119,696 866,812 1,000,637 683,965 1,045,083

Means of Financing:

 Borrowing from the Public 24,422 452,803 1,069,250 894,634 1,112,332

 Reduction of Operating Cash, Increase (-) 87,047 208,051 -287 -198,837 ......

 By Other Means 8,227 205,958 -68,325 -11,832 -67,249

1 These estimates are based on the FY 2020 Mid-Session Review, released by the

Office of Management and Budget on July 12, 2019.

Note: Details may not add to totals due to rounding.

... No Transactions
6 Source data: Table 1

Receipts Outlays Deficit/Surplus(-)

2018 2019

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

($400B)

($200B)

$0B

$200B

$400B

($400B)

($200B)

$0B

$200B

$400B

2018 2019

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

$1,000B

$2,000B

$3,000B

$4,000B

($4,000B)

($3,000B)

($2,000B)

($1,000B)

($1,000B)

($500B)

$0B

$500B

$1,000B

Figure 4. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Cumulative,

Fiscal Years 2018 and 2019

Receipts Outlays Deficit/Surplus(-)

Figure 3. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years

2018 and 2019
7 Source data: Table 9

$79B $171B

$71B

$67B

$1,429B

$1,044B

Fiscal Year 2019 to Date: $2,860B

2018 2019

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

$0B

$50B

$100B

$150B

$200B

$250B

$300B

$350B

$400B

$450B

$500B

$550B

Receipt Amount

$8B $7B

$8B

$8B

$127B

$94B

Month of July 2019: $251B

Figure 5. Receipts of the U.S. Government, by Source, Fiscal Year 2019

Figure 6. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2018 and 2019

Excise Taxes

Corporation Income Taxes

Other

Miscellaneous Receipts

Individual Income Taxes

Social Insurance and Retirement Receipts

Excise Taxes

Corporation Income Taxes

Other

Miscellaneous Receipts

Individual Income Taxes

Social Insurance and Retirement Receipts

"Other" Includes: Customs Duties and Estate and Gift Taxes

*Disclaimer: Other category is subject to change due to negative balances held.
8

Source data: Table 9

$88B

$56B

$35B

$49B

$56B

$50B $38B

Month of July 2019: $371B

$868B

$541B

$482B $446B

$568B

$343B

$479B

Fiscal Year 2019 to Date: $3,727B

2018 2019

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

$0B

$50B

$100B

$150B

$200B

$250B

$300B

$350B

$400B

$450B

Outlay Amount

Figure 7. Outlays of the U.S. Government, by Source, Fiscal Year 2019

Social Security Income Security National Defense

Net Interest

Other

Medicare Health

*Disclaimer: Other category is subject to change due to negative balances held.

Figure 8. Monthly Outlays of the U.S. Government, by Source, Fiscal Years 2018 and 2019

Social Security

Medicare

Income Security

Health

National Defense

Net Interest

Other

"Other" Includes: Administration of Justice, Agriculture, Commerce and Housing Credit, Community and Regional Development, Education,

Training, Employment, and Social Services, Energy, General Government, General Science, Space, and Technology, International Affairs,

Natural Resources and Environment, Transportation, Undistributed Offsetting Receipts, Veterans' Benefits and Services.
Classification This

Month

Current

Fiscal Year

to Date

Comparable

Prior Period

Year to Date

Budget

Estimates

Full Fiscal

Year 1

Table 3. Summary of Receipts and Outlays of the U.S. Government, July 2019 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 127,427 1,428,904 1,415,150 1,719,038

 Corporation Income Taxes 6,967 171,323 166,004 221,231

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 68,829 766,132 712,164 914,457

 Employment and General Retirement (On-Budget) 20,742 236,425 221,412 282,951

 Unemployment Insurance 3,849 37,107 40,977 43,388

 Other Retirement 428 3,971 3,701 4,980

 Excise Taxes 7,868 79,063 70,755 98,053

 Estate and Gift Taxes 1,158 13,593 18,761 17,348

 Customs Duties 6,473 56,945 32,477 81,638

 Miscellaneous Receipts 7,606 66,740 84,668 89,240

 Total Receipts 251,348 2,860,202 2,766,071 3,472,324

 (On-Budget) 182,519 2,094,070 2,053,906 2,557,867

 (Off-Budget) 68,829 766,132 712,164 914,457

Budget Outlays

 Legislative Branch 501 24,137 3,910 5,832

 Judicial Branch 686 6,644 6,466 8,108

 Department of Agriculture 9,975 125,068 121,490 155,175

 Department of Commerce 1,046 9,620 7,435 13,428

 Department of Defense--Military Programs 52,665 540,435 492,875 657,911

 Department of Education 4,962 91,392 50,899 106,308

 Department of Energy 2,447 23,192 21,418 29,123

 Department of Health and Human Services 104,030 1,005,897 918,956 1,215,986

 Department of Homeland Security 5,204 47,824 58,890 58,749

 Department of Housing and Urban Development 3,608 20,932 49,786 29,782

 Department of the Interior 1,282 11,333 11,723 13,376

 Department of Justice 3,123 29,115 29,675 39,866

 Department of Labor 3,870 30,806 33,572 34,879

 Department of State 2,013 22,552 20,703 28,594

 Department of Transportation 8,007 62,984 61,364 81,053

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 40,342 497,210 454,215 577,115

 Other 7,860 136,799 136,148 103,958

 Department of Veterans Affairs 16,629 165,577 146,511 204,180

 Corps of Engineers 457 5,253 4,600 6,526

 Other Defense Civil Programs 5,337 50,748 45,461 60,834

 Environmental Protection Agency 602 6,867 6,751 7,072

 Executive Office of the President 56 355 318 423

 General Services Administration -17 -700 -448 -1,110

 International Assistance Programs 763 20,352 17,228 22,192

 National Aeronautics and Space Administration 1,654 16,397 16,307 21,272

 National Science Foundation 693 5,775 5,691 7,290

 Office of Personnel Management 8,937 85,813 81,770 103,459

 Small Business Administration 103 273 -188 156

 Social Security Administration 92,782 915,775 864,217 1,101,395

 Independent Agencies 2,628 17,519 6,957 25,097

 National Security Commission on Artificial Intelligence ...... (**) ......

 Allowances ...... ...... ...... 1,209

 Undistributed Offsetting Receipts:

 Interest -3,697 -143,921 -145,274 -148,401

 Other -7,505 -85,007 -79,391 -97,876

 Total Outlays 371,044 3,727,014 3,450,035 4,472,961

 (On-Budget) 293,461 2,992,638 2,764,023 3,565,608

 (Off-Budget) 77,582 734,377 686,013 907,353

 Surplus (+) or Deficit (-) -119,696 -866,812 -683,965 -1,000,637

 (On-Budget) -110,942 -898,568 -710,116 -1,007,741

 (Off-Budget) -8,753 +31,756 +26,152 +7,104

1 These estimates are based on the FY 2020 Mid-Session Review, released by the Note: Details may not add to totals due to rounding.

Office of Management and Budget on July 12, 2019. ... No Transactions

2 Outlays increased by $1 million due to additional reporting by the Architect of (**) Less than absolute value of $500,000

the Capitol for the month of June 2019.

9
This Month

Receipts Gross

Receipts

Refunds

(Deduct) Receipts

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Receipts

Refunds

(Deduct) Receipts GrossReceipts

Refunds

(Deduct)

Table 4. Receipts of the U.S. Government, July 2019 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 120,690 1,123,528 1,139,465

 Presidential Election Campaign Fund (**) 24 25

 Other 11,414 542,691 535,579

 Total -- Individual Income Taxes 132,105 4,678 127,427 1,666,243 237,340 1,428,904 1,675,069 259,919 1,415,150

Corporation Income Taxes 9,522 2,555 6,967 211,625 40,302 171,323 214,349 48,345 166,004

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 58,207 ...... 58,207 607,620 ...... 607,620 559,944 ...... 559,944

 Self-Employment Contributions Act Taxes 612 ...... 612 32,607 ...... 32,607 30,825 ...... 30,825

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 4,297 ...... 4,297 -13,839 ...... -13,839

 Adjustments Attrbutable to Prior Years-SECA ...... ...... ...... -1,013 ...... -1,013 -1,047 ...... -1,047

 Total -- Federal Old-Age and Survivors Insurance Trust Fund 58,819 ...... 58,819 643,510 ...... 643,510 575,883 ...... 575,883

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 9,884 ...... 9,884 114,817 ...... 114,817 132,309 ...... 132,309

 Self-Employment Contributions Act Taxes 126 ...... 126 7,009 ...... 7,009 7,286 ...... 7,286

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 1,046 ...... 1,046 -3,131 ...... -3,131

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... -250 ...... -250 -183 ...... -183

 Total -- Federal Disability Insurance Trust Fund 10,010 ...... 10,010 122,622 ...... 122,622 136,281 ...... 136,281

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 19,915 ...... 19,915 214,230 ...... 214,230 204,938 ...... 204,938

 Self-Employment Contributions Act Taxes 281 ...... 281 15,732 ...... 15,732 15,203 ...... 15,203

 Receipts from Railroad Retirement Board ...... ...... ...... 610 ...... 610 571 ...... 571

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 1,711 ...... 1,711 -3,971 ...... -3,971

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... -399 ...... -399 -92 ...... -92

 Total -- Federal Hospital Insurance Trust Fund 20,196 ...... 20,196 231,884 ...... 231,884 216,649 ...... 216,649

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 302 (**) 302 2,748 6 2,742 2,834 3 2,832

 Social Security Equivalent Account 244 (**) 243 1,805 5 1,800 1,934 2 1,932

 Total -- Employment and General Retirement 89,571 (**) 89,571 1,002,569 12 1,002,557 933,582 5 933,577

 Unemployment Insurance:

 Deposits by States 3,075 ...... 3,075 30,857 ...... 30,857 32,230 ...... 32,230

 Federal Unemployment Taxes 770 27 743 6,353 233 6,120 8,712 99 8,613

 Railroad Unemployment Taxes 31 ...... 31 131 ...... 131 133 ...... 133

 Total -- Unemployment Insurance 3,876 27 3,849 37,340 233 37,107 41,075 99 40,977

 Other Retirement:

 Federal Employees' Retirement--Employee Share 425 ...... 425 3,947 ...... 3,947 3,675 ...... 3,675

 Non-Federal Employees Retirement 3 ...... 3 24 ...... 24 26 ...... 26

 Total -- Other Retirement 428 ...... 428 3,971 ...... 3,971 3,701 ...... 3,701

 Total -- Social Insurance and Retirement Receipts 93,875 27 93,848 1,043,880 245 1,043,635 978,358 104 978,254

Excise Taxes:

 Miscellaneous Excise Taxes 3,174 466 2,707 37,433 5,118 32,315 27,001 2,495 24,506

 Airport and Airway Trust Fund 1,507 ...... 1,507 12,924 9 12,915 12,548 11 12,537

 Highway Trust Fund 3,683 43 3,640 33,979 333 33,646 33,723 331 33,392

 Black Lung Disability Trust Fund 14 ...... 14 187 ...... 187 320 ...... 320

 Total -- Excise Taxes 8,378 510 7,868 84,523 5,460 79,063 73,592 2,837 70,755

Estate and Gift Taxes 1,201 43 1,158 14,358 765 13,593 19,494 732 18,761

Customs Duties 6,751 278 6,473 59,058 2,113 56,945 33,702 1,224 32,477

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 5,203 ...... 5,203 45,247 ...... 45,247 60,258 ...... 60,258

 Universal Service Fund 773 ...... 773 7,962 ...... 7,962 7,813 ...... 7,813

 All Other 1,632 1 1,631 13,560 29 13,531 16,620 23 16,598

 Total -- Miscellaneous Receipts 7,607 1 7,606 66,769 29 66,740 84,691 23 84,668

Total -- Receipts 259,438 8,090 251,348 3,146,456 286,254 2,860,202 3,079,254 313,184 2,766,071

 Total -- On-Budget 190,609 8,090 182,519 2,380,324 286,254 2,094,070 2,367,090 313,184 2,053,906

 Total -- Off-Budget 68,829 ...... 68,829 766,132 ...... 766,132 712,164 ...... 712,164

Note: Details may not add to totals due to rounding. (**) Less than absolute value of $500,000

... No Transactions

10
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods

[$ millions]

Legislative Branch:

 Senate 77 (**) 77 781 2 780 734 2 732

 House of Representatives 114 1 114 1,138 3 1,136 1,106 2 1,104

 Joint Items 1 ...... 1 16 ...... 16 15 ...... 15

 Capitol Police 49 ...... 49 360 ...... 360 346 ...... 346

 Congressional Budget Office 6 ...... 6 42 ...... 42 39 ...... 39

 Architect of the Capitol 66 1 65 1 531 5 526 504 5 499

 Library of Congress 75 1 74 586 9 578 565 10 555

 Government Printing Office 33 ...... 33 84 ...... 84 94 ...... 94

 Government Accountability Office 67 ...... 67 505 ...... 505 441 ...... 441

 United States Tax Court 4 ...... 4 43 ...... 43 43 ...... 43

 Other Legislative Branch Agencies 11 ...... 11 95 ...... 95 63 ...... 63

 Proprietary Receipts from the Public ...... 1 -1 ...... 21 -21 ...... 13 -13

 Intrabudgetary Transactions (**) ...... (**) -7 ...... -7 -8 ...... -8

 Offsetting Governmental Receipts ...... ...... ...... ...... (**) (**) ...... ...... ......

 Total--Legislative Branch 504 4 501 4,176 39 4,137 3,942 32 3,910

Judicial Branch:

 Supreme Court of the United States 8 ...... 8 81 ...... 81 76 ...... 76

 Courts of Appeals, District Courts, and Other Judicial

 Services 640 ...... 640 6,901 ...... 6,901 6,737 ...... 6,737

 Other 26 ...... 26 509 ...... 509 479 ...... 479

 Proprietary Receipts from the Public ...... 10 -10 ...... 119 -119 ...... 125 -125

 Intrabudgetary Transactions 22 ...... 22 -729 ...... -729 -701 ...... -701

 Total--Judicial Branch 696 10 686 6,762 119 6,644 6,591 125 6,466

Department of Agriculture:

 Agricultural Research Service 126 ...... 126 1,018 ...... 1,018 960 ...... 960

 National Institute of Food and Agriculture:

 Research and Education Activities 66 ...... 66 597 ...... 597 580 ...... 580

 Extension Activities 41 ...... 41 425 ...... 425 395 ...... 395

 Other 10 ...... 10 98 ...... 98 84 ...... 84

 Animal and Plant Health Inspection Service 143 ...... 143 1,062 ...... 1,062 991 ...... 991

 Food Safety and Inspection Service 125 ...... 125 892 ...... 892 898 ...... 898

 Agricultural Marketing Service 76 ...... 76 1,127 ...... 1,127 933 ...... 933

 Risk Management Agency:

 Administrative and Operating Expenses 7 ...... 7 56 ...... 56 67 ...... 67

 Federal Crop Insurance Corporation Fund 471 28 443 9,758 402 9,356 8,812 468 8,345

 Farm Service Agency:

 Salaries and Expenses 136 ...... 136 839 ...... 839 876 ...... 876

 USDA Supplemental Assistance 2 ...... 2 2 ...... 2 2 ...... 2

 Agricultural Disaster Relief Fund (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Commodity Credit Corporation 378 956 -578 22,764 6,027 16,736 17,915 6,264 11,650

 Tobacco Trust Fund (**) ...... (**) 18 ...... 18 (**) ...... (**)

 Agricultural Credit Insurance Fund 6 4 3 363 37 326 540 48 492

 Other 43 ...... 43 141 ...... 141 144 ...... 144

 Total--Farm Service Agency 565 959 -395 24,127 6,064 18,062 19,476 6,313 13,164

 Natural Resources Conservation Service:

 Conservation Operations 85 ...... 85 608 ...... 608 658 ...... 658

 Farm Security and Rural Investment Programs 206 ...... 206 2,703 ...... 2,703 2,686 ...... 2,686

 Other 18 ...... 18 157 ...... 157 105 ...... 105

 Rural Development 76 ...... 76 90 ...... 90 104 ...... 104

 Rural Housing Service:

 Rural Housing Insurance Fund 10 48 -38 495 393 102 647 390 257

 Rental Assistance Program 102 ...... 102 997 ...... 997 987 ...... 987

 Other 14 ...... 14 123 ...... 123 412 ...... 412

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 4 -1,076 1,080 2,406 684 1,722 1,783 1,296 488

 Other 49 4 46 475 52 423 516 56 460

 Foreign Agricultural Service 100 ...... 100 1,467 ...... 1,467 1,659 ...... 1,659

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 5,266 ...... 5,266 53,002 ...... 53,002 57,798 ...... 57,798

 Child Nutrition Programs 1,360 ...... 1,360 21,359 ...... 21,359 21,007 ...... 21,007

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 417 ...... 417 4,422 ...... 4,422 4,563 ...... 4,563

 Other 50 ...... 50 427 ...... 427 400 ...... 400

 Total--Food and Nutrition Service 7,094 ...... 7,094 79,210 ...... 79,210 83,768 ...... 83,768

11
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 209 ...... 209 1,535 ...... 1,535 1,455 ...... 1,455

 Capital Improvement and Maintenance 50 ...... 50 340 ...... 340 312 ...... 312

 Wildland Fire Management 315 ...... 315 1,993 ...... 1,993 2,618 ...... 2,618

 Forest Service Permanent Appropriations 26 ...... 26 431 ...... 431 444 ...... 444

 Other 63 ...... 63 562 ...... 562 600 ...... 600

 Total--Forest Service 664 ...... 664 4,861 ...... 4,861 5,429 ...... 5,429

 Other 77 3 74 1,174 35 1,138 725 41 683

 Proprietary Receipts from the Public ...... 179 -179 ...... 1,136 -1,136 ...... 2,705 -2,705

 Intrabudgetary Transactions -8 ...... -8 -91 ...... -91 83 ...... 83

 Total--Department of Agriculture 10,120 145 9,975 133,835 8,767 125,068 132,759 11,269 121,490

Department of Commerce:

 Economic Development Administration 23 ...... 23 220 ...... 220 220 ...... 220

 Bureau of the Census 278 ...... 278 1,991 ...... 1,991 1,543 ...... 1,543

 International Trade Administration 59 ...... 59 386 ...... 386 383 ...... 383

 National Oceanic and Atmospheric Administration 464 ...... 464 4,374 7 4,367 4,388 7 4,381

 National Institute of Standards and Technology 93 ...... 93 863 ...... 863 803 ...... 803

 National Telecommunications and Information Administration 16 (**) 16 1,561 1 1,560 334 674 -340

 Other 118 8 110 326 70 256 325 92 233

 Proprietary Receipts from the Public ...... -3 3 ...... 24 -24 ...... -216 216

 Intrabudgetary Transactions (**) ...... (**) 1 ...... 1 (**) ...... (**)

 Offsetting Governmental Receipts ...... (**) (**) ...... 2 -2 ...... 4 -4

 Total--Department of Commerce 1,051 5 1,046 9,723 103 9,620 7,997 562 7,435

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 4,379 ...... 4,379 50,221 ...... 50,221 46,355 ...... 46,355

 Department of the Navy 3,958 ...... 3,958 41,346 ...... 41,346 38,236 ...... 38,236

 Department of the Air Force 2,600 ...... 2,600 31,167 ...... 31,167 29,355 ...... 29,355

 Defense Agencies ...... ...... ...... 7,909 ...... 7,909 6,837 ...... 6,837

 Total--Military Personnel 10,937 ...... 10,937 130,644 ...... 130,644 120,783 ...... 120,783

 Operation and Maintenance:

 Department of the Army 5,981 ...... 5,981 57,572 ...... 57,572 56,033 ...... 56,033

 Department of the Navy 5,333 ...... 5,333 52,331 ...... 52,331 47,832 ...... 47,832

 Department of the Air Force 4,845 ...... 4,845 49,335 ...... 49,335 45,873 ...... 45,873

 Defense Agencies 6,085 ...... 6,085 62,417 ...... 62,417 59,614 ...... 59,614

 Total--Operation and Maintenance 22,244 ...... 22,244 221,655 ...... 221,655 209,352 ...... 209,352

 International Reconstruction and Other Assistance:

 Department of the Army ...... ...... ...... 6 ...... 6 (**) ...... (**)

 Procurement:

 Department of the Army 1,784 ...... 1,784 16,832 ...... 16,832 14,507 ...... 14,507

 Department of the Navy 3,717 ...... 3,717 39,064 ...... 39,064 36,603 ...... 36,603

 Department of the Air Force 4,947 ...... 4,947 39,954 ...... 39,954 33,885 ...... 33,885

 Defense Agencies 709 ...... 709 6,412 ...... 6,412 5,787 ...... 5,787

 Total--Procurement 11,158 ...... 11,158 102,261 ...... 102,261 90,782 ...... 90,782

 Research, Development, Test, and Evaluation:

 Department of the Army 679 ...... 679 7,393 ...... 7,393 6,764 ...... 6,764

 Department of the Navy 1,486 ...... 1,486 15,200 ...... 15,200 14,743 ...... 14,743

 Department of the Air Force 2,696 ...... 2,696 33,305 ...... 33,305 26,393 ...... 26,393

 Defense Agencies 1,944 ...... 1,944 18,571 ...... 18,571 15,761 ...... 15,761

 Total--Research, Development, Test, and Evaluation 6,805 ...... 6,805 74,468 ...... 74,468 63,661 ...... 63,661

 Military Construction:

 Department of the Army 117 ...... 117 1,783 ...... 1,783 1,403 ...... 1,403

 Department of the Navy 151 ...... 151 1,280 ...... 1,280 1,272 ...... 1,272

 Department of the Air Force 128 ...... 128 1,066 ...... 1,066 810 ...... 810

 Defense Agencies 241 ...... 241 2,269 ...... 2,269 2,204 ...... 2,204

 Total--Military Construction 637 ...... 637 6,398 ...... 6,398 5,688 ...... 5,688

 Family Housing:

 Department of the Army 36 ...... 36 360 ...... 360 363 ...... 363

 Department of the Navy 35 ...... 35 227 ...... 227 262 ...... 262

 Department of the Air Force 26 ...... 26 262 ...... 262 235 ...... 235

 Defense Agencies 4 ...... 4 57 (**) 57 96 1 95

 Revolving and Management Funds:

12
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Department of the Navy -18 ...... -18 189 ...... 189 -6 ...... -6

 Defense Agencies:

 Working Capital Fund 916 ...... 916 4,797 ...... 4,797 2,867 ...... 2,867

 Other 11 ...... 11 35 ...... 35 162 ...... 162

 Allowances 49 ...... 49 174 ...... 174 123 ...... 123

 Trust Funds:

 Department of the Army -1 ...... -1 1 ...... 1 25 ...... 25

 Department of the Navy 4 ...... 4 30 ...... 30 23 ...... 23

 Department of the Air Force 1 ...... 1 3 ...... 3 2 ...... 2

 Defense Agencies 30 ...... 30 268 ...... 268 131 ...... 131

 Proprietary Receipts from the Public:

 Department of the Army ...... 37 -37 ...... -145 145 ...... 485 -485

 Department of the Navy ...... 49 -49 ...... 95 -95 ...... 123 -123

 Department of the Air Force ...... -1 1 ...... 164 -164 ...... 4 -4

 Defense Agencies ...... 38 -38 ...... 1,238 -1,238 ...... 1,008 -1,008

 Intrabudgetary Transactions:

 Department of the Army -31 ...... -31 130 ...... 130 23 ...... 23

 Department of the Navy -4 ...... -4 -47 ...... -47 -75 ...... -75

 Department of the Air Force -32 ...... -32 -36 ...... -36 -112 ...... -112

 Defense Agencies -17 ...... -17 -98 ...... -98 113 ...... 113

 Offsetting Governmental Receipts:

 Department of the Army ...... ...... ...... ...... (**) (**) ...... (**) (**)

 Total--Department of Defense--Military Programs 52,788 123 52,665 541,785 1,350 540,435 494,497 1,622 492,875

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,141 ...... 1,141 14,139 ...... 14,139 13,385 ...... 13,385

 Impact Aid 16 ...... 16 1,407 ...... 1,407 1,218 ...... 1,218

 Education Improvement Programs 384 ...... 384 3,912 ...... 3,912 3,525 ...... 3,525

 Other 34 ...... 34 273 ...... 273 266 ...... 266

 Total--Office of Elementary and Secondary Education 1,574 ...... 1,574 19,731 ...... 19,731 18,393 ...... 18,393

 Office of Innovation and Improvement 59 ...... 59 842 ...... 842 947 ...... 947

 Office of English Language Acquisition 47 ...... 47 658 ...... 658 610 ...... 610

 Office of Special Education and Rehabilitative Services:

 Special Education 1,465 ...... 1,465 11,437 ...... 11,437 11,177 ...... 11,177

 Rehabilitation Services and Disability Research 260 ...... 260 2,728 ...... 2,728 2,646 ...... 2,646

 Special Institutions for Persons with Disabilities 11 ...... 11 189 ...... 189 184 ...... 184

 Office of Vocational and Adult Education 122 ...... 122 1,440 ...... 1,440 1,372 ...... 1,372

 Office of Postsecondary Education:

 Higher Education 192 ...... 192 1,998 ...... 1,998 1,851 ...... 1,851

 Other 58 (**) 58 279 3 276 397 6 390

 Total--Office of Postsecondary Education 250 (**) 250 2,277 3 2,274 2,248 6 2,242

 Office of Federal Student Aid:

 Student Financial Assistance 976 ...... 976 22,049 ...... 22,049 21,646 ...... 21,646

 Student Aid Administration 159 ...... 159 1,415 ...... 1,415 1,318 ...... 1,318

 Federal Student Loan Reserve Fund ...... ...... ...... -110 ...... -110 -191 ...... -191

 Federal Direct Student Loans (**) ...... (**) 33,789 ...... 33,789 10,611 ...... 10,611

 Federal Family Education Loans -13 ...... -13 3,490 ...... 3,490 1,556 ...... 1,556

 Other 10 (**) 9 32 6 25 57 5 52

 Total--Office of Federal Student Aid 1,131 (**) 1,130 60,666 6 60,659 34,997 5 34,992

 Institute of Education Sciences 44 ...... 44 544 ...... 544 496 ...... 496

 Departmental Management 61 ...... 61 499 ...... 499 482 ...... 482

 Other 33 ...... 33 333 ...... 333 1 ...... 1

 Proprietary Receipts from the Public ...... 19 -19 ...... 9,890 -9,890 ...... 22,673 -22,673

 Intrabudgetary Transactions -75 ...... -75 -53 ...... -53 31 ...... 31

 Total--Department of Education 4,981 19 4,962 101,292 9,900 91,392 73,583 22,684 50,899

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 124 ...... 124 1,216 ...... 1,216 1,132 ...... 1,132

 Weapons Activities 937 ...... 937 8,627 ...... 8,627 7,663 ...... 7,663

 Defense Nuclear Nonproliferation 167 ...... 167 1,465 ...... 1,465 1,521 ...... 1,521

 Other 29 ...... 29 332 ...... 332 325 ...... 325

 Environmental and Other Defense Activities:

13
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Defense Environmental Cleanup 446 ...... 446 4,717 ...... 4,717 4,430 ...... 4,430

 Other Defense Activities 68 ...... 68 621 ...... 621 573 ...... 573

 Defense Nuclear Waste Disposal (**) ...... (**) 1 ...... 1 4 ...... 4

 Energy Programs:

 Science 462 ...... 462 4,640 ...... 4,640 4,317 ...... 4,317

 Energy Supply 133 ...... 133 1,353 ...... 1,353 1,178 ...... 1,178

 Energy Efficiency and Renewable Energy 185 ...... 185 1,568 ...... 1,568 1,428 ...... 1,428

 Fossil Energy Research and Development 55 ...... 55 512 ...... 512 437 ...... 437

 Uranium Enrichment Decontamination and Decommissioning

 Fund 74 ...... 74 674 ...... 674 645 ...... 645

 Advanced Technology Vehicles Manufacturing Loan Program (**) ...... (**) 2 ...... 2 107 ...... 107

 Title 17 Innovative Technology Loan Guarantee Program 37 ...... 37 46 ...... 46 18 ...... 18

 Other -17 3 -20 833 82 751 853 101 752

 Total--Energy Programs 930 3 927 9,630 82 9,547 8,982 101 8,881

 Power Marketing Administration 30 308 -278 2,926 3,261 -335 3,144 3,192 -48

 Departmental Administration 19 ...... 19 230 ...... 230 203 ...... 203

 Proprietary Receipts from the Public ...... -157 157 ...... 1,893 -1,893 ...... 1,945 -1,945

 Intrabudgetary Transactions -148 ...... -148 -1,335 ...... -1,335 -1,321 ...... -1,321

 Total--Department of Energy 2,602 154 2,447 28,429 5,237 23,192 26,656 5,238 21,418

Department of Health and Human Services:

 Food and Drug Administration 273 1 272 2,924 8 2,915 2,224 7 2,217

 Health Resources and Services Administration 911 ...... 911 9,547 ...... 9,547 9,005 ...... 9,005

 Indian Health Service 288 ...... 288 4,950 ...... 4,950 4,374 ...... 4,374

 Centers for Disease Control and Prevention 651 ...... 651 6,380 ...... 6,380 6,560 ...... 6,560

 National Institutes of Health 3,043 ...... 3,043 29,508 ...... 29,508 27,491 ...... 27,491

 Substance Abuse and Mental Health Services Administration 322 ...... 322 3,472 ...... 3,472 3,276 ...... 3,276

 Agency for Healthcare Research and Quality 24 ...... 24 263 ...... 263 265 ...... 265

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 36,230 ...... 36,230 338,171 ...... 338,171 320,547 ...... 320,547

 Payments to Health Care Trust Funds 28,309 ...... 28,309 297,475 ...... 297,475 284,147 ...... 284,147

 Children's Health Insurance Fund 1,125 ...... 1,125 14,588 ...... 14,588 13,743 ...... 13,743

 State Grants and Demonstrations 44 ...... 44 292 ...... 292 404 ...... 404

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 27,093 ...... 27,093 269,598 ...... 269,598 244,098 ...... 244,098

 Administrative Expenses 273 ...... 273 3,316 ...... 3,316 3,349 ...... 3,349

 Total--Federal Hospital Insurance Trust Fund 27,366 ...... 27,366 272,914 ...... 272,914 247,447 ...... 247,447

 Health Care Fraud and Abuse Control 132 ...... 132 1,499 ...... 1,499 1,249 ...... 1,249

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 30,816 ...... 30,816 300,480 ...... 300,480 261,007 ...... 261,007

 Administrative Expenses 240 ...... 240 3,095 ...... 3,095 2,853 ...... 2,853

 Medicare Prescription Drugs:

 Benefit Payments 7,461 ...... 7,461 70,030 ...... 70,030 66,869 ...... 66,869

 Administrative Expenses ...... ...... ...... ...... ...... ...... 285 ...... 285

 Total--Federal Supplementary Medical Insurance Trust

 Fund 38,518 ...... 38,518 373,605 ...... 373,605 331,013 ...... 331,013

 Other 100 ...... 100 5,192 ...... 5,192 3,510 ...... 3,510

 Total--Centers for Medicare and Medicaid Services 131,824 ...... 131,824 1,303,737 ...... 1,303,737 1,202,061 ...... 1,202,061

 Administration for Children and Families:

 Temporary Assistance for Needy Families 1,410 ...... 1,410 13,071 ...... 13,071 13,524 ...... 13,524

 Contingency Fund 56 ...... 56 368 ...... 368 609 ...... 609

 Payments to States for Child Support Enforcement and

 Family Support Programs 365 ...... 365 3,005 ...... 3,005 2,950 ...... 2,950

 Low Income Home Energy Assistance 170 ...... 170 3,350 ...... 3,350 3,009 ...... 3,009

 Refugee and Entrant Assistance 184 ...... 184 1,966 ...... 1,966 1,290 ...... 1,290

 Child Care Entitlement to States 374 ...... 374 2,656 ...... 2,656 2,066 ...... 2,066

 Payments to States for the Child Care and Development

 Block Grant 476 ...... 476 3,137 ...... 3,137 2,679 ...... 2,679

 Social Services Block Grant 75 ...... 75 1,354 ...... 1,354 1,334 ...... 1,334

 Children and Families Services Programs 891 ...... 891 9,792 ...... 9,792 9,254 ...... 9,254

 Payments to States for Foster Care and Adoption

 Assistance 911 ...... 911 7,173 ...... 7,173 7,123 ...... 7,123

 Other 22 ...... 22 417 ...... 417 402 ...... 402

 Total--Administration for Children and Families 4,933 ...... 4,933 46,291 ...... 46,291 44,239 ...... 44,239

14
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Administration for Community Living 187 ...... 187 1,737 ...... 1,737 1,554 ...... 1,554

 Departmental Management 364 ...... 364 2,855 ...... 2,855 2,794 ...... 2,794

 Other 120 ...... 120 723 ...... 723 692 ...... 692

 Proprietary Receipts from the Public ...... 10,577 -10,577 ...... 108,247 -108,247 ...... 101,082 -101,082

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -28,295 ...... -28,295 -276,464 ...... -276,464 -264,041 ...... -264,041

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -17 ...... -17 -21,039 ...... -21,039 -20,138 ...... -20,138

 Other -21 ...... -21 -731 ...... -731 -311 ...... -311

 Total--Department of Health and Human Services 114,608 10,577 104,030 1,114,152 108,255 1,005,897 1,020,046 101,089 918,956

Department of Homeland Security:

 Departmental Management and Operations 146 ...... 146 1,193 ...... 1,193 1,055 ...... 1,055

 Citizenship and Immigration Services 468 ...... 468 3,459 ...... 3,459 3,338 ...... 3,338

 United States Secret Service 271 ...... 271 1,929 ...... 1,929 1,804 ...... 1,804

 Transportation Security Administration 446 ...... 446 4,704 ...... 4,704 4,580 ...... 4,580

 Immigration and Customs Enforcement 751 ...... 751 6,332 ...... 6,332 5,976 ...... 5,976

 U.S. Customs and Border Protection 1,686 4 1,682 12,823 26 12,797 11,735 24 11,712

 United States Coast Guard 965 ...... 965 9,470 ...... 9,470 8,871 ...... 8,871

 National Protection and Programs Directorate 130 ...... 130 1,556 ...... 1,556 1,548 ...... 1,548

 Federal Emergency Management Agency:

 State and Local Programs 41 ...... 41 509 ...... 509 966 ...... 966

 Firefighter Assistance Grants 17 ...... 17 257 ...... 257 495 ...... 495

 Disaster Relief 1,027 ...... 1,027 12,979 ...... 12,979 18,331 ...... 18,331

 National Flood Insurance Fund 128 186 -57 2,024 1,375 649 10,040 2,482 7,558

 Other 142 ...... 142 1,094 ...... 1,094 1,245 ...... 1,245

 Total--Federal Emergency Management Agency 1,356 186 1,170 16,863 1,375 15,488 31,076 2,482 28,594

 Science and Technology 70 ...... 70 747 ...... 747 773 ...... 773

 Domestic Nuclear Detection Office 27 ...... 27 228 ...... 228 273 ...... 273

 Other 49 ...... 49 387 ...... 387 375 ...... 375

 Proprietary Receipts from the Public ...... 106 -106 ...... 902 -902 ...... 856 -856

 Intrabudgetary Transactions -4 ...... -4 -17 ...... -17 6 ...... 6

 Offsetting Governmental Receipts ...... 860 -860 ...... 9,549 -9,549 ...... 9,159 -9,159

 Total--Department of Homeland Security 6,360 1,156 5,204 59,675 11,852 47,824 71,411 12,521 58,890

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 1,895 ...... 1,895 18,425 ...... 18,425 17,768 ...... 17,768

 Housing Certificate Fund 5 ...... 5 132 ...... 132 110 ...... 110

 Public Housing Capital Fund 157 ...... 157 1,802 ...... 1,802 1,511 ...... 1,511

 Public Housing Operating Fund 394 ...... 394 3,692 ...... 3,692 3,649 ...... 3,649

 Revitalization of Severely Distressed Public Housing

 (Hope VI) 2 ...... 2 12 ...... 12 16 ...... 16

 Native American Housing Block Grant 52 ...... 52 562 ...... 562 517 ...... 517

 Other 15 ...... 15 138 ...... 138 110 ...... 110

 Total--Public and Indian Housing Programs 2,519 ...... 2,519 24,762 ...... 24,762 23,683 ...... 23,683

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 41 ...... 41 285 ...... 285 295 ...... 295

 Community Development Fund 449 ...... 449 4,392 ...... 4,392 5,005 ...... 5,005

 Home Investment Partnership Program 102 ...... 102 797 ...... 797 800 ...... 800

 Neighborhood Stabilization Program 1 ...... 1 15 ...... 15 19 ...... 19

 Homeless Assistance Grants 181 ...... 181 1,803 ...... 1,803 1,691 ...... 1,691

 Other 11 ...... 11 103 ...... 103 61 ...... 61

 Total--Community Planning and Development 784 ...... 784 7,395 ...... 7,395 7,872 ...... 7,872

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 11 ...... 11 1,362 ...... 1,362 12,729 ...... 12,729

 FHA-Mutual Mortgage Insurance Capital Reserve Account -945 ...... -945 -23,566 ...... -23,566 -6,896 ...... -6,896

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account 1 1 (**) 262 258 4 38 35 3

 FHA-General and Special Risk Fund, Program Account ...... ...... ...... 1,284 ...... 1,284 1,923 ...... 1,923

 FHA-General and Special Risk Fund, Liquidating Account 8 16 -8 131 219 -89 133 252 -119

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account -10 5 -16 -109 39 -148 -48 153 -201

15
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 HUD Project-Based Rental Assistance 1,057 ...... 1,057 10,106 ...... 10,106 9,762 ...... 9,762

 Housing for the Elderly 60 ...... 60 603 ...... 603 597 ...... 597

 Housing for Persons with Disabilities 16 ...... 16 154 ...... 154 146 ...... 146

 Other Assisted Housing Programs 7 ...... 7 73 ...... 73 94 ...... 94

 Other 5 6 -1 41 37 3 51 34 17

 Total--Housing Programs 209 28 181 -9,660 553 -10,214 18,528 474 18,054

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -29 (**) -29 -240 3 -243 -112 2 -114

 Management and Administration 184 ...... 184 1,402 ...... 1,402 1,431 ...... 1,431

 Other 14 ...... 14 185 ...... 185 168 ...... 168

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 46 -46 ...... 2,087 -2,087 ...... 1,068 -1,068

 Other ...... -3 3 ...... 253 -253 ...... 225 -225

 Intrabudgetary Transactions (**) ...... (**) -5 ...... -5 -2 ...... -2

 Offsetting Governmental Receipts ...... 1 -1 ...... 12 -12 ...... 13 -13

 Total--Department of Housing and Urban Development 3,681 73 3,608 23,840 2,907 20,932 51,568 1,782 49,786

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 96 ...... 96 894 ...... 894 865 ...... 865

 Other 32 6 26 278 45 234 290 49 241

 Bureau of Ocean Energy Management 4 ...... 4 90 ...... 90 76 ...... 76

 Office of Surface Mining Reclamation and Enforcement 48 ...... 48 611 ...... 611 739 ...... 739

 Total--Land and Minerals Management 180 6 174 1,873 45 1,828 1,970 49 1,921

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 106 ...... 106 820 ...... 820 695 ...... 695

 Other 71 30 41 619 297 322 493 308 185

 Central Utah Project 1 ...... 1 20 ...... 20 18 ...... 18

 United States Geological Survey 95 ...... 95 927 ...... 927 890 ...... 890

 Total--Water and Science 273 30 244 2,386 297 2,089 2,096 308 1,788

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 278 ...... 278 2,403 ...... 2,403 2,390 ...... 2,390

 National Park Service 370 ...... 370 2,713 ...... 2,713 2,770 ...... 2,770

 Total--Fish and Wildlife and Parks 649 ...... 649 5,115 ...... 5,115 5,160 ...... 5,160

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 326 1 325 2,498 2 2,496 2,177 (**) 2,177

 Total--Indian Affairs 326 1 325 2,498 2 2,496 2,177 (**) 2,177

 Departmental Offices:

 Mineral Leasing and Associated Payments 141 ...... 141 1,859 ...... 1,859 1,275 ...... 1,275

 Other 21 ...... 21 419 ...... 419 410 ...... 410

 Insular Affairs 24 ...... 24 254 ...... 254 255 ...... 255

 Office of the Special Trustee for American Indians 41 ...... 41 342 ...... 342 295 ...... 295

 Department-Wide Programs 110 ...... 110 1,610 ...... 1,610 2,528 ...... 2,528

 Total--Departmental Offices 337 ...... 337 4,484 ...... 4,484 4,763 ...... 4,763

 Other 26 ...... 26 218 ...... 218 222 ...... 222

 Proprietary Receipts from the Public ...... 517 -517 ...... 5,602 -5,602 ...... 4,180 -4,180

 Intrabudgetary Transactions 45 ...... 45 705 ...... 705 -128 ...... -128

 Total--Department of the Interior 1,836 554 1,282 17,279 5,945 11,333 16,260 4,537 11,723

Department of Justice:

 General Administration -182 ...... -182 570 ...... 570 957 ...... 957

 Legal Activities and U.S. Marshals:

 General Legal Activities 186 ...... 186 2,797 ...... 2,797 1,678 ...... 1,678

 United States Attorneys 438 ...... 438 1,852 ...... 1,852 1,734 ...... 1,734

 United States Marshals Service 134 ...... 134 1,102 ...... 1,102 1,058 ...... 1,058

 Assets Forfeiture Fund 464 ...... 464 2,201 ...... 2,201 2,367 ...... 2,367

 Other 269 ...... 269 1,863 ...... 1,863 1,636 ...... 1,636

 Federal Bureau of Investigation 982 ...... 982 7,933 ...... 7,933 7,452 ...... 7,452

 Drug Enforcement Administration 285 ...... 285 2,243 ...... 2,243 2,094 ...... 2,094

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 137 ...... 137 1,087 ...... 1,087 1,041 ...... 1,041

 Federal Prison System 712 28 684 6,202 296 5,906 5,959 303 5,656

 Office of Justice Programs:

16
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of Justice: - Continued

 State and Local Law Enforcement Assistance 68 ...... 68 1,064 ...... 1,064 650 ...... 650

 Community Oriented Policing Services 24 ...... 24 153 ...... 153 121 ...... 121

 Crime Victims Fund 172 ...... 172 1,873 ...... 1,873 1,469 ...... 1,469

 Other 96 ...... 96 638 ...... 638 743 ...... 743

 Other 90 ...... 90 558 ...... 558 486 ...... 486

 Proprietary Receipts from the Public ...... 29 -29 ...... 1,624 -1,624 ...... 248 -248

 Intrabudgetary Transactions -625 ...... -625 -489 ...... -489 1,320 ...... 1,320

 Offsetting Governmental Receipts ...... 71 -71 ...... 614 -614 ...... 539 -539

 Total--Department of Justice 3,251 128 3,123 31,649 2,533 29,115 30,765 1,090 29,675

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 296 ...... 296 2,782 ...... 2,782 2,686 ...... 2,686

 Office of Job Corps 119 ...... 119 1,260 ...... 1,260 1,256 ...... 1,256

 Community Service Employment for Older Americans 30 ...... 30 323 ...... 323 324 ...... 324

 Federal Unemployment Benefits and Allowances 25 ...... 25 283 ...... 283 360 ...... 360

 Federal Additional Unemployment Compensation

 Program-Recovery Act (**) ...... (**) -2 ...... -2 -3 ...... -3

 State Unemployment Insurance and Employment Service

 Operations 59 ...... 59 -244 ...... -244 -154 ...... -154

 Payments to the Unemployment Trust Fund ...... ...... ...... 2 ...... 2 3 ...... 3

 Program Administration 10 ...... 10 88 ...... 88 92 ...... 92

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 2,345 ...... 2,345 23,333 ...... 23,333 24,265 ...... 24,265

 State Administrative Expenses 205 ...... 205 3,124 ...... 3,124 3,117 ...... 3,117

 Federal Administrative Expenses 13 ...... 13 419 ...... 419 300 ...... 300

 Other (**) ...... (**) 4 ...... 4 49 ...... 49

 Total--Unemployment Trust Fund 2,563 ...... 2,563 26,880 ...... 26,880 27,731 ...... 27,731

 Other (**) ...... (**) 18 ...... 18 112 ...... 112

 Total--Employment and Training Administration 3,102 ...... 3,102 31,390 ...... 31,390 32,407 ...... 32,407

 Pension Benefit Guaranty Corporation 546 471 75 5,397 9,298 -3,901 5,273 7,247 -1,974

 Office of Workers' Compensation Programs:

 Special Benefits 231 ...... 231 -258 ...... -258 -427 ...... -427

 Energy Employees Occupational Illness Compensation Fund 110 ...... 110 1,168 ...... 1,168 1,119 ...... 1,119

 Special Benefits for Disabled Coal Miners 6 ...... 6 59 ...... 59 67 ...... 67

 Black Lung Disability Trust Fund 18 ...... 18 179 ...... 179 169 ...... 169

 Other 29 ...... 29 296 ...... 296 290 ...... 290

 Wage and Hour Division 25 ...... 25 227 ...... 227 229 ...... 229

 Occupational Safety and Health Administration 48 ...... 48 464 ...... 464 453 ...... 453

 Mine Safety and Health Administration 33 ...... 33 302 ...... 302 304 ...... 304

 Bureau of Labor Statistics 54 ...... 54 446 ...... 446 444 ...... 444

 Departmental Management 111 ...... 111 483 ...... 483 574 ...... 574

 Other 30 ...... 30 261 ...... 261 259 ...... 259

 Proprietary Receipts from the Public ...... 1 -1 ...... 5 -5 ...... 5 -5

 Intrabudgetary Transactions -2 ...... -2 -305 ...... -305 -336 ...... -336

 Total--Department of Labor 4,341 472 3,870 40,109 9,303 30,806 40,823 7,252 33,572

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 553 ...... 553 7,727 ...... 7,727 6,022 ...... 6,022

 Educational and Cultural Exchange Programs 59 ...... 59 532 ...... 532 527 ...... 527

 Embassy Security, Construction, and Maintenance -14 ...... -14 908 ...... 908 1,374 ...... 1,374

 Payment to Foreign Service Retirement and Disability

 Fund ...... ...... ...... 159 ...... 159 159 ...... 159

 Foreign Service Retirement and Disability Fund 82 ...... 82 818 ...... 818 801 ...... 801

 Other 269 ...... 269 2,272 ...... 2,272 567 ...... 567

 Total--Administration of Foreign Affairs 949 ...... 949 12,416 ...... 12,416 9,449 ...... 9,449

 International Organizations and Conferences 9 ...... 9 2,193 ...... 2,193 1,124 ...... 1,124

 Global Health and Child Survival 594 ...... 594 7,242 ...... 7,242 7,234 ...... 7,234

 Migration and Refugee Assistance 654 ...... 654 2,603 ...... 2,603 1,681 ...... 1,681

 International Narcotics Control and Law Enforcement 83 ...... 83 875 ...... 875 900 ...... 900

 Andean Counterdrug Programs (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Other 42 ...... 42 449 ...... 449 448 ...... 448

 Proprietary Receipts from the Public ...... 314 -314 ...... 2,966 -2,966 ...... 7 -7

 Intrabudgetary Transactions -4 ...... -4 -258 ...... -258 -126 ...... -126

 Total--Department of State 2,327 314 2,013 25,518 2,966 22,552 20,710 7 20,703

17
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of Transportation:

 Office of the Secretary 92 ...... 92 604 ...... 604 718 ...... 718

 Federal Aviation Administration:

 Operations 247 ...... 247 1,114 ...... 1,114 839 ...... 839

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 338 ...... 338 2,157 ...... 2,157 1,511 ...... 1,511

 Facilities and Equipment 225 ...... 225 2,235 ...... 2,235 2,066 ...... 2,066

 Research, Engineering, and Development 12 ...... 12 124 ...... 124 117 ...... 117

 Trust Fund Share of FAA Operations 850 ...... 850 7,450 ...... 7,450 7,598 ...... 7,598

 Total--Airport and Airway Trust Fund 1,425 ...... 1,425 11,966 ...... 11,966 11,292 ...... 11,292

 Other 24 8 16 517 34 482 1,045 27 1,018

 Total--Federal Aviation Administration 1,695 8 1,688 13,596 34 13,562 13,176 27 13,149

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 4,754 ...... 4,754 33,820 ...... 33,820 33,100 ...... 33,100

 Other (**) ...... (**) 5 ...... 5 8 ...... 8

 Other Programs 128 ...... 128 997 ...... 997 696 ...... 696

 Total--Federal Highway Administration 4,882 ...... 4,882 34,823 ...... 34,823 33,803 ...... 33,803

 Federal Motor Carrier Safety Administration 55 ...... 55 472 ...... 472 463 ...... 463

 National Highway Traffic Safety Administration 86 ...... 86 826 ...... 826 828 ...... 828

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

 Passenger Corporation ...... ...... ...... 2 ...... 2 65 ...... 65

 Other 32 ...... 32 2,201 ...... 2,201 2,210 ...... 2,210

 Total--Federal Railroad Administration 32 ...... 32 2,202 ...... 2,202 2,274 ...... 2,274

 Federal Transit Administration:

 Formula Grants 2 ...... 2 7 ...... 7 12 ...... 12

 Capital Investment Grants 67 ...... 67 1,284 ...... 1,284 1,398 ...... 1,398

 Transit Formula Grants 885 ...... 885 7,837 ...... 7,837 7,589 ...... 7,589

 Other 103 ...... 103 850 ...... 850 678 ...... 678

 Total--Federal Transit Administration 1,057 ...... 1,057 9,979 ...... 9,979 9,678 ...... 9,678

 Maritime Administration 97 (**) 97 431 3 428 375 4 371

 Other 40 3 37 412 32 380 440 33 407

 Proprietary Receipts from the Public ...... 17 -17 ...... 146 -146 ...... 81 -81

 Intrabudgetary Transactions:

 Other (**) ...... (**) -1 ...... -1 -111 ...... -111

 Offsetting Governmental Receipts ...... 1 -1 ...... 146 -146 ...... 136 -136

 Total--Department of Transportation 8,036 29 8,007 63,346 362 62,984 61,645 281 61,364

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund ...... 62 -62 45 496 -451 133 417 -283

 Grants for Specified Energy Property in Lieu of Tax

 Credit ...... ...... ...... ...... ...... ...... 48 ...... 48

 Housing and Economic Recovery Programs (**) ...... (**) 1 ...... 1 4,001 ...... 4,001

 Troubled Asset Relief Program 98 ...... 98 1,225 ...... 1,225 1,951 ...... 1,951

 Other 152 ...... 152 1,385 ...... 1,385 1,374 ...... 1,374

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation 652 ...... 652 2,628 ...... 2,628 2,628 ...... 2,628

 Financial Agent Services 71 ...... 71 688 ...... 688 667 ...... 667

 Claims, Judgements, and Relief Acts 106 ...... 106 1,608 ...... 1,608 1,521 ...... 1,521

 Other 65 (**) 65 1,066 (**) 1,065 2,540 1 2,540

 Total--Bureau of the Fiscal Service 893 (**) 893 5,989 (**) 5,989 7,356 1 7,356

 Federal Financing Bank -160 ...... -160 -1,289 ...... -1,289 -1,222 ...... -1,222

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 12 ...... 12 94 ...... 94 93 ...... 93

 Internal Revenue Collections for Puerto Rico 47 ...... 47 370 ...... 370 379 ...... 379

 Bureau of Engraving and Printing (**) ...... (**) -47 ...... -47 21 ...... 21

 United States Mint 118 145 -27 1,278 1,671 -393 1,367 1,853 -486

 Internal Revenue Service:

 Taxpayer Services 288 ...... 288 2,188 ...... 2,188 2,098 ...... 2,098

 Enforcement 516 ...... 516 3,812 ...... 3,812 3,870 ...... 3,870

 Operations Support 376 ...... 376 3,560 ...... 3,560 3,380 ...... 3,380

18
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 Build America Bond Payments, Recovery Act 208 ...... 208 2,747 ...... 2,747 2,965 ...... 2,965

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 4,031 ...... 4,031 39,198 ...... 39,198 36,476 ...... 36,476

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 439 ...... 439 58,592 ...... 58,592 58,225 ...... 58,225

 Payment Where Child Tax Credit Exceeds Liability for Tax 262 ...... 262 28,525 ...... 28,525 18,437 ...... 18,437

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax 25 ...... 25 2,851 ...... 2,851 3,074 ...... 3,074

 Refunding Internal Revenue Collections, Interest 180 ...... 180 1,578 ...... 1,578 1,316 ...... 1,316

 Other 856 9 847 8,058 9 8,049 2,073 1 2,073

 Total--Internal Revenue Service 7,181 9 7,172 151,108 9 151,099 131,915 1 131,914

 Comptroller of the Currency 106 2 104 891 604 287 1,056 644 412

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 35,406 ...... 35,406 331,755 ...... 331,755 292,017 ...... 292,017

 Special Issues (Cash Basis) 4,936 ...... 4,936 165,455 ...... 165,455 162,198 ...... 162,198

 Total--Interest on Treasury Debt Securities (Gross) 40,342 ...... 40,342 497,210 ...... 497,210 454,215 ...... 454,215

 Total--Interest on the Public Debt 40,342 ...... 40,342 497,210 ...... 497,210 454,215 ...... 454,215

 Other 12 ...... 12 98 ...... 98 97 ...... 97

 Proprietary Receipts from the Public ...... 9 -9 ...... 19,364 -19,364 ...... 7,616 -7,616

 Intrabudgetary Transactions -371 ...... -371 -2,205 ...... -2,205 -1,891 ...... -1,891

 Total--Department of the Treasury 48,429 227 48,202 656,154 22,145 634,009 600,894 10,530 590,364

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 37 ...... 37 366 ...... 366 346 ...... 346

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration 188 ...... 188 3,345 ...... 3,345 3,301 ...... 3,301

 Medical Services 5,332 ...... 5,332 53,369 ...... 53,369 48,326 ...... 48,326

 Medical Support and Compliance 548 ...... 548 5,751 ...... 5,751 5,491 ...... 5,491

 Medical Facilities 522 ...... 522 5,011 ...... 5,011 4,604 ...... 4,604

 Other 99 45 54 1,032 400 631 990 391 599

 Benefits Programs:

 Public Enterprise Funds:

 Housing Accounts (**) 1 -1 1 10 -9 2 10 -7

 Other 69 68 1 749 751 -2 762 768 -7

 Compensation and Pensions 8,455 ...... 8,455 82,810 ...... 82,810 68,392 ...... 68,392

 Readjustment Benefits 682 ...... 682 11,096 ...... 11,096 10,483 ...... 10,483

 Veterans Housing Benefit Program Fund 15 ...... 15 194 ...... 194 979 ...... 979

 Insurance Funds:

 National Service Life 60 ...... 60 591 ...... 591 651 ...... 651

 Veterans Special Life 17 1 16 163 70 93 162 80 83

 Other 14 ...... 14 86 ...... 86 94 ...... 94

 Total--Benefits Programs 9,312 69 9,243 95,690 830 94,860 81,526 858 80,669

 Departmental Administration:

 Construction 276 ...... 276 1,360 ...... 1,360 1,293 ...... 1,293

 Information Technology Systems 322 ...... 322 3,706 ...... 3,706 3,577 ...... 3,577

 General Operating Expenses 378 ...... 378 2,865 (**) 2,865 2,807 (**) 2,806

 Other 159 ...... 159 1,402 ...... 1,402 1,113 ...... 1,113

 Proprietary Receipts from the Public:

 National Service Life ...... 2 -2 ...... 24 -24 ...... 40 -40

 Other ...... 423 -423 ...... 7,056 -7,056 ...... 5,565 -5,565

 Intrabudgetary Transactions -3 ...... -3 -9 ...... -9 -8 ...... -8

 Total--Department of Veterans Affairs 17,169 539 16,629 173,888 8,311 165,577 153,365 6,854 146,511

Corps of Engineers:

 Construction 5 ...... 5 1,185 ...... 1,185 824 ...... 824

 Operation and Maintenance 330 ...... 330 2,883 ...... 2,883 1,925 ...... 1,925

 Flood Control and Coastal Emergencies 65 ...... 65 490 ...... 490 732 ...... 732

 Harbor Maintenance Trust Fund ...... ...... ...... ...... ...... ...... 668 ...... 668

 Rivers and Harbors Contributed Funds 29 ...... 29 299 ...... 299 336 ...... 336

 Other 62 ...... 62 953 ...... 953 818 ...... 818

 Proprietary Receipts from the Public ...... 34 -34 ...... 558 -558 ...... 701 -701

 Intrabudgetary Transactions (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Total--Corps of Engineers 491 34 457 5,811 558 5,253 5,301 701 4,600

19
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Other Defense Civil Programs:

 Military Retirement:

 Payment to Military Retirement Fund ...... ...... ...... 87,996 ...... 87,996 82,877 ...... 82,877

 Military Retirement Fund 5,091 ...... 5,091 50,511 ...... 50,511 44,597 ...... 44,597

 Retiree Health Care:

 Payment to Department of Defense Medicare-Eligible

 Retiree Health Care Fund ...... ...... ...... 5,720 ...... 5,720 6,567 ...... 6,567

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund 1,286 ...... 1,286 9,104 ...... 9,104 8,791 ...... 8,791

 Educational Benefits 9 ...... 9 178 ...... 178 199 ...... 199

 Other 25 ...... 25 255 ...... 255 226 ...... 226

 Proprietary Receipts from the Public ...... 2 -2 ...... 18 -18 ...... 17 -17

 Intrabudgetary Transactions -1,073 ...... -1,073 -102,998 ...... -102,998 -97,779 ...... -97,779

 Total--Other Defense Civil Programs 5,339 2 5,337 50,766 18 50,748 45,478 17 45,461

Environmental Protection Agency:

 Science and Technology 55 ...... 55 552 ...... 552 583 ...... 583

 Environmental Programs and Management 203 ...... 203 2,119 ...... 2,119 2,118 ...... 2,118

 State and Tribal Assistance Grants 235 ...... 235 3,271 ...... 3,271 3,001 ...... 3,001

 Payment to the Hazardous Substance Superfund ...... ...... ...... 1,084 ...... 1,084 1,094 ...... 1,094

 Hazardous Substance Superfund 120 ...... 120 1,092 ...... 1,092 1,078 ...... 1,078

 Other 32 1 31 153 42 111 231 29 203

 Proprietary Receipts from the Public ...... 39 -39 ...... 281 -281 ...... 229 -229

 Intrabudgetary Transactions -1 ...... -1 -1,061 ...... -1,061 -1,074 ...... -1,074

 Offsetting Governmental Receipts ...... 2 -2 ...... 19 -19 ...... 21 -21

 Total--Environmental Protection Agency 644 42 602 7,209 342 6,867 7,030 279 6,751

Executive Office of the President:

 The White House 4 ...... 4 44 ...... 44 42 ...... 42

 Office of Management and Budget 8 ...... 8 85 ...... 85 80 ...... 80

 Unanticipated Needs 27 ...... 27 42 ...... 42 28 ...... 28

 Other 18 ...... 18 184 ...... 184 183 ...... 183

 Proprietary Receipts from the Public ...... (**) (**) ...... (**) (**) ...... 1 -1

 Intrabudgetary Transactions (**) ...... (**) (**) ...... (**) -15 ...... -15

 Total--Executive Office of the President 56 (**) 56 355 (**) 355 318 1 318

General Services Administration:

 Real Property Activities -45 ...... -45 -741 ...... -741 -666 ...... -666

 Supply and Technology Activities 46 ...... 46 -86 ...... -86 56 ...... 56

 General Activities -1 ...... -1 201 ...... 201 260 ...... 260

 Proprietary Receipts from the Public ...... 12 -12 ...... 61 -61 ...... 89 -89

 Intrabudgetary Transactions -5 ...... -5 -13 ...... -13 -9 ...... -9

 Total--General Services Administration -5 12 -17 -639 61 -700 -359 89 -448

International Assistance Programs:

 Millennium Challenge Corporation 43 ...... 43 543 ...... 543 562 ...... 562

 International Security Assistance:

 Pakistan Counterinsurgency Capability Fund ...... ...... ...... ...... ...... ...... 5 ...... 5

 Foreign Military Financing Program 41 ...... 41 5,347 ...... 5,347 5,351 ...... 5,351

 Economic Support Fund 304 ...... 304 3,554 ...... 3,554 3,693 ...... 3,693

 Other 85 (**) 85 1,147 14 1,133 1,184 13 1,171

 Total--International Security Assistance 430 (**) 430 10,048 14 10,034 10,233 13 10,220

 Multilateral Assistance:

 Contribution to the International Development

 Association ...... ...... ...... 1,097 ...... 1,097 1,097 ...... 1,097

 Other 23 ...... 23 790 ...... 790 749 ...... 749

 Total--Multilateral Assistance 23 ...... 23 1,887 ...... 1,887 1,846 ...... 1,846

 Agency for International Development:

 Development Assistance Program 295 ...... 295 2,083 ...... 2,083 2,000 ...... 2,000

 Assistance for Europe, Eurasia and Central Asia 48 ...... 48 462 ...... 462 335 ...... 335

 International Disaster Assistance 420 ...... 420 3,001 ...... 3,001 2,915 ...... 2,915

 Operating Expenses 89 ...... 89 1,090 ...... 1,090 996 ...... 996

 Other 283 82 201 589 265 324 108 132 -24

 Proprietary Receipts from the Public ...... 14 -14 ...... 200 -200 ...... 68 -68

 Intrabudgetary Transactions (**) ...... (**) -5 ...... -5 1 ...... 1

 Total--Agency for International Development 1,134 95 1,038 7,218 465 6,754 6,354 199 6,155

20
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts 8 11 -3 486 211 275 460 131 329

 Proprietary Receipts from the Public ...... 44 -44 ...... 422 -422 ...... 377 -377

 Total--Overseas Private Investment Corporation 8 55 -48 486 633 -147 460 508 -48

 Peace Corps 38 (**) 37 344 1 343 340 3 337

 Military Sales Program:

 Foreign Military Sales Trust Fund 2,334 ...... 2,334 27,642 ...... 27,642 25,536 ...... 25,536

 Other 3 (**) 3 115 (**) 115 79 14 66

 Proprietary Receipts from the Public ...... 3,108 -3,108 ...... 26,894 -26,894 ...... 27,544 -27,544

 Other 10 (**) 10 78 2 76 100 2 98

 Total--International Assistance Programs 4,022 3,259 763 48,361 28,009 20,352 45,511 28,282 17,228

National Aeronautics and Space Administration:

 Science 571 ...... 571 5,155 ...... 5,155 4,834 ...... 4,834

 Aeronautics 55 ...... 55 581 ...... 581 527 ...... 527

 Exploration 341 ...... 341 3,647 ...... 3,647 3,670 ...... 3,670

 Cross Agency Support 254 ...... 254 2,345 ...... 2,345 2,295 ...... 2,295

 Space Operations 330 ...... 330 3,599 ...... 3,599 3,957 ...... 3,957

 Other 103 ...... 103 1,074 ...... 1,074 1,026 ...... 1,026

 Proprietary Receipts from the Public ...... (**) (**) ...... 1 -1 ...... 1 -1

 Intrabudgetary Transactions (**) ...... (**) -1 ...... -1 -1 ...... -1

 Total--National Aeronautics and Space Administration 1,654 (**) 1,654 16,398 1 16,397 16,308 1 16,307

National Science Foundation:

 Research and Related Activities 580 ...... 580 4,617 ...... 4,617 4,474 ...... 4,474

 Education and Human Resources 80 ...... 80 772 ...... 772 725 ...... 725

 Other 38 ...... 38 422 ...... 422 515 ...... 515

 Proprietary Receipts from the Public ...... 5 -5 ...... 36 -36 ...... 24 -24

 Total--National Science Foundation 699 5 693 5,811 36 5,775 5,715 24 5,691

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,101 ...... 1,101 10,968 ...... 10,968 10,720 ...... 10,720

 Postal Service Retiree Health Benefits Fund 314 ...... 314 3,131 ...... 3,131 3,068 ...... 3,068

 Civil Service Retirement and Disability Fund 7,686 ...... 7,686 74,102 ...... 74,102 71,675 ...... 71,675

 Employees Life Insurance Fund 271 317 -46 2,736 3,447 -712 2,722 3,278 -556

 Employees and Retired Employees Health Benefits Fund 6,352 6,447 -95 48,640 49,221 -581 44,144 45,886 -1,742

 Other -19 ...... -19 164 ...... 164 -19 ...... -19

 Proprietary Receipts from the Public ...... (**) (**) ...... 4 -4 ...... 3 -3

 Intrabudgetary Transactions:

 Postal Service Contributions (**) ...... (**) -1,222 ...... -1,222 -1,340 ...... -1,340

 Civil Service Retirement and Disability Fund:

 Other -4 ...... -4 -33 ...... -33 -32 ...... -32

 Total--Office of Personnel Management 15,702 6,765 8,937 138,485 52,672 85,813 130,937 49,167 81,770

Small Business Administration:

 Salaries and Expenses 73 ...... 73 457 (**) 457 31 (**) 31

 Business Loans Program (**) (**) (**) 243 (**) 243 286 1 285

 Disaster Loans Program 9 (**) 9 310 (**) 310 1,039 (**) 1,039

 Other 23 2 20 227 19 208 219 18 201

 Proprietary Receipts from the Public ...... -1 1 ...... 945 -945 ...... 1,744 -1,744

 Intrabudgetary Transactions (**) ...... (**) (**) ...... (**) 1 ...... 1

 Total--Small Business Administration 104 1 103 1,237 965 273 1,576 1,764 -188

Social Security Administration:

 Payments to Social Security Trust Funds 8,986 ...... 8,986 36,090 ...... 36,090 35,704 ...... 35,704

 Supplemental Security Income Program 5,122 ...... 5,122 50,189 ...... 50,189 45,024 ...... 45,024

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 75,347 ...... 75,347 736,694 ...... 736,694 691,316 ...... 691,316

 Administrative Expenses 294 ...... 294 3,225 ...... 3,225 3,200 ...... 3,200

 Payment to Railroad Retirement Account ...... ...... ...... 4,880 ...... 4,880 4,769 ...... 4,769

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 75,641 ...... 75,641 744,799 ...... 744,799 699,285 ...... 699,285

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 12,062 ...... 12,062 120,884 ...... 120,884 119,780 ...... 119,780

 Administrative Expenses 224 ...... 224 2,308 ...... 2,308 2,297 ...... 2,297

 Payment to Railroad Retirement Account ...... ...... ...... 66 ...... 66 174 ...... 174

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 12,287 ...... 12,287 123,258 ...... 123,258 122,251 ...... 122,251

21
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 Other 14 ...... 14 133 ...... 133 133 ...... 133

 Proprietary Receipts from the Public:

 On-Budget ...... 276 -276 ...... 2,486 -2,486 ...... 2,408 -2,408

 Off-Budget ...... 5 -5 ...... 119 -119 ...... 70 -70

 Intrabudgetary Transactions:

 Off-Budget 2 -8,986 ...... -8,986 -36,089 ...... -36,089 -35,702 ...... -35,702

 Total--Social Security Administration 93,063 281 92,782 918,381 2,606 915,775 866,695 2,478 864,217

Independent Agencies:

 Broadcasting Board of Governors 48 (**) 48 628 (**) 628 626 (**) 627

 Bureau of Consumer Financial Protection 48 (**) 48 397 (**) 397 569 (**) 569

 Corporation for National and Community Service 93 1 92 800 3 797 790 3 787

 Corporation for Public Broadcasting ...... ...... ...... 465 ...... 465 465 ...... 465

 District of Columbia:

 Courts 25 ...... 25 255 (**) 255 284 (**) 284

 General and Special Payments 63 18 45 585 73 512 571 65 506

 Equal Employment Opportunity Commission 29 1 28 309 5 305 301 4 296

 Export-Import Bank of the United States 11 -19 30 600 391 209 729 963 -233

 Federal Communications Commission:

 Universal Service Fund 874 ...... 874 8,246 ...... 8,246 8,058 ...... 8,058

 Spectrum Auction Program Account ...... ...... ...... ...... ...... ...... (**) ...... (**)

 Other 102 2 100 672 20 652 408 26 382

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 231 ...... 231 -6,143 ...... -6,143 -12,663 ...... -12,663

 FSLIC Resolution Fund (**) 2 -2 1 17 -16 (**) 11 -11

 Total--Federal Deposit Insurance Corporation 231 2 229 -6,142 17 -6,159 -12,662 11 -12,674

 Federal Drug Control Programs 88 ...... 88 283 ...... 283 208 ...... 208

 Federal Housing Finance Agency 22 ...... 22 219 ...... 219 218 ...... 218

 Institute of Museum and Library Services 24 (**) 24 179 (**) 179 172 (**) 172

 Intelligence Community Management Account 23 ...... 23 467 ...... 467 373 ...... 373

 Legal Services Corporation 108 ...... 108 453 ...... 453 337 ...... 337

 National Archives and Records Administration 29 3 26 319 16 303 331 22 309

 National Credit Union Administration 67 27 39 868 1,257 -389 1,651 2,542 -891

 National Endowment for the Arts 13 (**) 13 130 (**) 130 122 (**) 121

 National Endowment for the Humanities 14 (**) 14 115 1 114 118 (**) 118

 National Labor Relations Board 19 (**) 19 219 (**) 219 219 (**) 219

 Nuclear Regulatory Commission 71 8 62 740 574 166 754 593 161

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 5,912 5,676 235 71,632 72,087 -455 69,419 70,644 -1,226

 Other ...... ...... ...... 265 ...... 265 260 ...... 260

 Other ...... ...... ...... 55 ...... 55 58 ...... 58

 Railroad Retirement Board:

 Federal Windfall Subsidy 1 ...... 1 14 ...... 14 17 ...... 17

 Federal Payments to the Railroad Retirement Accounts 167 ...... 167 735 ...... 735 774 ...... 774

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 8 ...... 8 72 ...... 72 80 ...... 80

 Transfer To Administrative Funds 1 ...... 1 15 ...... 15 16 ...... 16

 Rail Industry Pension Fund:

 Benefit Payments 463 ...... 463 4,620 ...... 4,620 4,531 ...... 4,531

 OASDI Certifications (**) ...... (**) -2 ...... -2 -2 ...... -2

 Transfer to Administrative Funds 5 ...... 5 74 ...... 74 70 ...... 70

 Other (**) ...... (**) (**) ...... (**) (**) ...... (**)

 National Railroad Retirement Investment Trust:

 Administrative Expenses 7 ...... 7 52 ...... 52 71 ...... 71

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust 190 ...... 190 1,527 ...... 1,527 1,638 ...... 1,638

 Railroad Social Security Equivalent Benefit Account:

 Benefit Payments 620 ...... 620 6,272 ...... 6,272 6,120 ...... 6,120

 Transfer To Administrative Funds 2 ...... 2 28 ...... 28 25 ...... 25

 Other 4 ...... 4 -17 ...... -17 -10 ...... -10

 Proprietary Receipts from the Public ...... 994 -994 ...... 458 -458 ...... 1,695 -1,695

 Intrabudgetary Transactions:

22
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Independent Agencies: - Continued

 Payments from Other Funds to the Railroad Retirement

 Trust Funds ...... ...... ...... -4,946 ...... -4,946 -4,942 ...... -4,942

 Other -358 ...... -358 -2,265 ...... -2,265 -2,414 ...... -2,414

 Total--Railroad Retirement Board 1,112 994 118 6,181 458 5,723 5,974 1,695 4,279

 Securities and Exchange Commission 134 (**) 134 1,126 2 1,124 967 8 959

 Smithsonian Institution 121 (**) 121 919 (**) 919 871 (**) 871

 Tennessee Valley Authority 4,198 4,321 -123 36,609 37,651 -1,043 38,553 39,669 -1,117

 Other 218 37 181 3,069 588 2,481 3,159 696 2,462

 Total--Independent Agencies 13,699 11,071 2,628 130,661 113,142 17,519 123,901 116,943 6,957

Undistributed Offsetting Receipts:

 Other Interest ...... ...... ...... ...... (**) (**) ...... (**) (**)

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -322 ...... -322 -3,172 ...... -3,172 -3,193 ...... -3,193

 Postal Service Employer Contributions -58 ...... -58 -546 ...... -546 -534 ...... -534

 Department of State:

 Foreign Service Retirement and Disability Fund -30 ...... -30 -297 ...... -297 -290 ...... -290

 Other Defense Civil Programs:

 Military Retirement Fund -1,803 ...... -1,803 -24,991 ...... -24,991 -21,861 ...... -21,861

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund ...... ...... ...... -7,763 ...... -7,763 -8,384 ...... -8,384

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -2,907 ...... -2,907 -26,460 ...... -26,460 -25,915 ...... -25,915

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,331 ...... -1,331 -12,576 ...... -12,576 -12,233 ...... -12,233

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -226 ...... -226 -2,365 ...... -2,365 -2,890 ...... -2,890

 Other (**) ...... (**) -2 ...... -2 -2 ...... -2

 Total--Employer Share, Employee Retirement -6,678 ...... -6,678 -78,172 ...... -78,172 -75,303 ...... -75,303

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund -1 ...... -1 -8 ...... -8 -1 ...... -1

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -8 ...... -8 -6,813 ...... -6,813 -7,273 ...... -7,273

 Federal Supplementary Medical Insurance Trust Fund -12 ...... -12 -2,682 ...... -2,682 -2,309 ...... -2,309

 Department of Homeland Security:

 Oil Spill Liability Trust Fund -19 ...... -19 -124 ...... -124 -67 ...... -67

 Other -6 ...... -6 -27 ...... -27 -19 ...... -19

 Department of Labor:

 Unemployment Trust Fund -3 ...... -3 -1,733 ...... -1,733 -1,395 ...... -1,395

 Department of State:

 Foreign Service Retirement and Disability Fund (**) ...... (**) -556 ...... -556 -546 ...... -546

 Department of Transportation:

 Airport and Airway Trust Fund -3 ...... -3 -337 ...... -337 -273 ...... -273

 Department of Veterans Affairs:

 National Service Life Insurance Fund (**) ...... (**) -106 ...... -106 -129 ...... -129

 United States Government Life Insurance Fund (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Corps of Engineers -21 ...... -21 -182 ...... -182 -122 ...... -122

 Other Defense Civil Programs:

 Military Retirement Fund -3,487 ...... -3,487 -22,492 ...... -22,492 -23,217 ...... -23,217

 Educational Benefits Fund -3 ...... -3 -14 ...... -14 -42 ...... -42

 Armed Forces Retirement Home (**) ...... (**) -2 ...... -2 -1 ...... -1

 Environmental Protection Agency -3 ...... -3 -72 ...... -72 -40 ...... -40

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund (**) ...... (**) -25,416 ...... -25,416 -25,542 ...... -25,542

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -29 ...... -29 -79,451 ...... -79,451 -81,470 ...... -81,470

 Federal Disability Insurance Trust Fund -3 ...... -3 -2,891 ...... -2,891 -2,192 ...... -2,192

 Independent Agencies:

 Railroad Retirement Board -8 ...... -8 -90 ...... -90 -17 ...... -17

 Other -4 ...... -4 -22 ...... -22 -15 ...... -15

 Other -88 ...... -88 -905 ...... -905 -604 ...... -604

 Total--Interest Received by Trust Funds -3,697 ...... -3,697 -143,921 ...... -143,921 -145,274 ...... -145,274

 Rents and Royalties on the Outer Continental Shelf Lands ...... 827 -827 ...... 5,680 -5,680 ...... 4,088 -4,088

23
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2019 and Other Periods - Continued

[$ millions]

Undistributed Offsetting Receipts: - Continued

 Spectrum Auction Proceeds ...... ...... ...... -1,155 ...... -1,155 ...... ...... ......

 Total--Undistributed Offsetting Receipts -10,375 827 -11,202 -223,248 5,680 -228,928 -220,577 4,088 -224,665

Total Outlays 407,873 36,829 371,044 4,131,200 404,186 3,727,014 3,841,345 391,310 3,450,035

 Total On-Budget 324,610 31,148 293,461 3,324,618 331,980 2,992,638 3,084,618 320,596 2,764,023

 Total Off-Budget 83,263 5,681 77,582 806,583 72,206 734,377 756,727 70,714 686,013

Total Surplus (+) or Deficit (-) -119,696 -866,812 -683,965

 Total On-Budget -110,942 -898,568 -710,116

 Total Off-Budget -8,753 +31,756 +26,152

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 201,317 189,958

Intrabudgetary Transactions 674,945 653,278

Governmental Receipts 12,072 10,465

 Total Receipts Offset Against Outlays 888,334 853,701

1 Outlays increased by $1 million due to additional reporting for the month of checks.

June 2019. Note: Details may not add to totals due to rounding.

2 Includes FICA and SECA tax credits, non-contributory military service credits, ... No Transactions

special benefits for the aged and credit for the unnegotiated OASI benefit (**) Less than absolute value of $500,000

24
Assets and Liabilities

This Year This Month

Directly Related to

Budget Off-Budget Activity This Month

Net Transactions

(-) denotes net reduction of either liability or asset accounts

Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, July 2019 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public 22,763 450,030 896,064 15,761,154 16,188,421 16,211,184

 Intragovernmental Holdings -23,677 56,280 172,097 5,754,904 5,834,861 5,811,184

 Total Treasury Securities Outstanding -914 506,311 1,068,161 21,516,058 22,023,283 22,022,369

 Plus Premium on Treasury Securities 1,153 4,624 -2,429 27,640 31,111 32,264

 Less Discount on Treasury Securities -1,099 425 8,839 105,827 107,352 106,252

 Total Treasury Securities Net of Premium and Discount 1,338 510,509 1,056,893 21,437,870 21,947,041 21,948,379

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) -112 -936 -931 22,822 21,998 21,886

 Total Federal Securities 1,226 509,573 1,055,962 21,460,692 21,969,040 21,970,265

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) -23,387 57,924 163,217 5,737,252 5,818,564 5,795,177

 Less Discount on Federal Securities Held as Investments of

 Government Accounts -191 1,154 1,888 27,744 29,089 28,897

 Net Federal Securities Held as Investments of Government

 Accounts -23,196 56,770 161,328 5,709,509 5,789,475 5,766,279

 Total Borrowing from the Public 24,422 452,803 894,634 15,751,183 16,179,564 16,203,986

 Accrued Interest Payable to the Public 406 11,646 10,962 73,519 84,759 85,165

 Allocations of Special Drawing Rights -522 -700 -298 49,274 49,096 48,574

Uninvested Balances, Deposit Funds 10,363 210,254 1,440 20,724 220,615 230,979

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) -1,637 -16 -185 8,528 10,150 8,513

 Total Liability Accounts 33,032 673,988 906,553 15,903,229 16,544,185 16,577,217

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 1 -87,047 -208,051 198,837 384,713 263,709 176,662

 Balance -87,047 -208,051 198,837 384,713 263,709 176,662

 Special Drawing Rights:

 Total Holdings -541 -561 -217 50,918 50,898 50,357

 SDR Certificates Issued to Federal Reserve Banks ...... ...... ...... -5,200 -5,200 -5,200

 Balance -541 -561 -217 45,718 45,698 45,157

 Reserve Position on the U.S. Quota in the IMF:

 U.S. Subscription to International Monetary Fund:

 Direct Quota Payments ...... ...... ...... 111,629 111,629 111,629

 Maintenance of Value Adjustments -1,228 -1,646 -700 4,169 3,750 2,523

 Letter of Credit Issued to IMF 1,970 12,102 3,733 -103,138 -93,005 -91,035

 Dollar Deposits with the IMF 4 -5 9 -305 -313 -310

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments 987 -2,467 602 3,009 -445 542

 Balance 1,733 7,985 3,645 15,364 21,616 23,349

 Loans to International Monetary Fund ...... -2,075 -2,587 4,861 2,786 2,786

 Other Cash and Monetary Assets 183 206 450 26,463 26,486 26,669

 Total Cash and Monetary Assets -85,672 -202,496 200,129 477,118 360,295 274,622

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust 826 -1,010 58 25,512 23,675 24,501

 Net Activity, Guaranteed Loan Financing (See Schedule E) 429 25,529 -11,024 4,781 29,881 30,310

 Net Activity, Direct Loan Financing (See Schedule E) -2,206 -14,342 32,130 1,372,059 1,359,922 1,357,716

 Miscellaneous Asset Accounts -281 -968 1,013 -518 -1,205 -1,487

 Total Asset Accounts -86,905 -193,288 222,305 1,878,951 1,772,568 1,685,663

Excess of Liabilities (+) or Assets (-) 119,936 867,276 684,248 14,024,278 14,771,617 14,891,554

Transactions Not Applied to Current Year's Surplus or Deficit (See

 Schedule A for Details) -241 -464 -283 ...... -224 -464

Total Budget and Off-Budget Federal Entities (Financing of Deficit (+)

 or Disposition of Surplus (-)) 119,696 866,812 683,965 14,024,278 14,771,394 14,891,089

1 Major sources of information used to determine Treasury's operating cash balance reflected as received and withdrawals are reflected as processed.

include Federal Reserve Banks, Treasury Regional Finance Centers, Internal Note: Details may not add to totals due to rounding.

Revenue Service Centers, various electronic systems, and information on the ... No Transactions

Public Debt. Information is presented on a modified cash basis. Deposits are

25
This Year This Month

Classification

This Month

Net Transactions

(-) denotes net reduction of liability accounts

Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, July 2019 and Other Periods

[$ millions]

Agency Securities, Issued Under Special Financing Authorities:

 Obligations Guaranteed by the United States, Issued By:

 Department of Housing and Urban Development:

 Federal Housing Administration ...... ...... ...... 19 19 19

 Obligations Not Guaranteed by the United States, Issued By:

 Legislative Branch:

 Architect of the Capitol 1 -3 -2 80 76 77

 Independent Agencies:

 Federal Communications Commission ...... ...... ...... (**) (**) (**)

 National Archives and Records Administration ...... -13 -12 27 14 14

 Tennessee Valley Authority -113 -919 -916 22,696 21,890 21,777

 Total Agency Securities -112 -936 -931 22,822 21,998 21,886

Note: Details may not add to totals due to rounding. (**) Less than absolute value of $500,000

... No Transactions

Classification This Month

Fiscal Year to Date

This Year Prior Year

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, July 2019 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 14,771,617 14,024,278 13,202,375

 Adjustments During Current Fiscal Year for Changes in Composition of

 Unified Budget:

 Revisions by Federal Agencies to the Prior Budget Results ...... (**) 42,742

 Excess of Liabilities Beginning of Period (Current Basis) 14,771,617 14,024,278 13,245,117

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 119,696 866,812 683,965

 Total Surplus (-) or Deficit (Table 2) 119,696 866,812 683,965

 Total-On-Budget (Table 2) 110,942 898,568 711,116

 Total-Off-Budget (Table 2) 8,753 -31,756 -26,152

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities ...... -2 -2

 Reclassification of Aged Unreconciled Accounts ...... ...... 5

 Other 241 466 280

 Total-Transactions Not Applied to Current Year's Surplus or Deficit 241 464 283

 Excess of Liabilities Close of Period 14,891,554 14,891,554 13,929,365

Note: Details may not add to totals due to rounding. (**) Less than absolute value of $500,000

... No Transactions

26
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2019 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation -577 10,548 653 9,148 20,273 19,696

 Agricultural Credit Insurance Fund 233 -209 1,536 12,812 12,371 12,603

 Farm Storage Facility Loans (**) 70 96 1,041 1,111 1,111

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -1 -1 4 4 4

 Rural Housing Service:

 Rural Housing Insurance ...... 467 -233 17,652 18,118 18,118

 Rural Community Facility Loans Fund ...... 1,186 274 8,731 9,917 9,917

 Multifamily Housing Revitalization Loan Account ...... 1 -16 414 415 415

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans ...... -12 -25 57 45 45

 Rural Development Loan Fund ...... 3 -17 286 288 288

 Rural Economic Development Loan Fund ...... 17 -10 186 203 203

 Renewable Energy Guaranteed Loan Account ...... (**) -2 1 1 1

 Rural Microenterprise Investment Loans ...... 1 2 38 39 39

 Biorefinery Assistance Loan Account ...... -13 -12 15 2 2

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund ...... 430 -209 12,514 12,944 12,944

 Rural Electrification and Telecommunications Fund ...... 356 -440 5,907 6,263 6,263

 Rural Telephone Bank ...... -3 -36 119 116 116

 Distance Learning and Telemedicine Program ...... -9 -116 785 775 775

 Foreign Agricultural Service ...... ...... ...... 453 453 453

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance ...... 29 105 453 481 481

 Department of Defense--Military Programs:

 Family Housing Improvement Loans ...... 25 58 1,685 1,710 1,710

 Department of Education:

 College Housing and Academic Facilities Loans ...... (**) ...... 19 19 19

 Federal Direct Student Loans 3,272 97,210 113,408 1,173,744 1,267,683 1,270,954

 Teach Grant Loans -3 60 23 609 672 669

 Temporary Student Loan Purchase Authority -1,775 -2,646 -567 45,247 44,376 42,601

 Federal Family Education Loans -426 -392 ...... 38,880 38,914 38,488

 Department of Energy:

 Bonneville Power Administration Fund ...... -237 77 5,531 5,294 5,294

 Western Area Power Administration - Recovery Act ...... -21 ...... 97 76 76

 Advanced Technology Vehicles Manufacturing Loans ...... ...... -43 ...... ...... ......

 Title 17 Innovative Technology Loans ...... 163 56 514 677 677

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... ...... ...... 407 407 407

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 65 65 65

 Department of Homeland Security:

 National Flood Insurance Fund ...... ...... -9,900 20,525 20,525 20,525

 Disaster Assistance Loan Fund (**) 65 2 16 81 82

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Low-Rent Public Housing - Loans and Other Expenses ...... ...... ...... 116 116 116

 Native Hawaiian Housing Loans ...... (**) 1788

 Housing Programs:

 Emergency Homeowners' Relief Fund ...... (**) ...... (**) ...... ......

 Federal Housing Administration ...... 8,625 25 24,709 33,334 33,334

 Green Retrofit Program for Multifamily Housing-Recovery Act -1 -1 ...... 11 11 10

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education ...... ...... 17 18 18 18

 Bureau of Reclamation Loan Fund ...... ...... 1 30 30 30

 Assistance to American Samoa Loan Fund ...... (**) (**) 8 9 9

 Department of Labor:

 Black Lung Disability Trust Fund ...... ...... ...... 4,566 4,566 4,566

27
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2019 and Other Periods - Continued

[$ millions]

Borrowing from the US Treasury: - Continued

 Department of State:

 Repatriation Loans ...... 21355

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 152 1,418 2,032 16,081 17,347 17,499

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund ...... 719 ...... 477 1,195 1,195

 Other ...... ...... ...... (**) (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund ...... 5 20 152 157 157

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 1 13 15 89 101 102

 Temporary Credit and Liquidity Program ...... -35 -75 4,029 3,994 3,994

 Troubled Asset Relief Program ...... -18 -34 60 42 42

 Small Business Lending Financing Fund ...... ...... ...... 202 202 202

 Federal Financing Bank Revolving Fund -160 1,843 1,760 61,584 63,587 63,427

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund ...... 104 26 463 566 566

 Native American Veteran Housing Fund ...... 3 4 71 74 74

 Vocational Rehabilitation Loan Fund ...... 21133

 Corps of Engineers:

 Washington Aqueduct ...... (**) (**) 1 (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program ...... (**) ...... ...... (**) (**)

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... ...... 955 3,066 3,066 3,066

 Military Debt Reduction ...... ...... ...... 46 46 46

 Agency for International Development:

 International Debt Reduction ...... ...... ...... 36 36 36

 Development Credit Authority Loan Fund 6 6 (**) 1 1 6

 Overseas Private Investment Corporation 196 794 571 3,475 4,073 4,269

 Small Business Administration:

 Business Loan Fund 34 -32 211 2,158 2,092 2,126

 Disaster Loan Fund ...... 1,353 3,502 9,054 10,408 10,408

 Independent Agencies:

 Export-Import Bank of the United States ...... 46 173 20,213 20,259 20,259

 Presidio Trust ...... ...... ...... 40 40 40

 Railroad Retirement Board:

 Social Security Equivalent Benefit Account 397 -526 -624 3,725 2,802 3,199

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Total Borrowing from the US Treasury 1,347 121,408 113,246 1,512,469 1,632,530 1,633,877

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund -992 275 792 46,288 47,554 46,562

 Department of Education:

 Historically Black College and University Capital Financing

 Fund -4 25 -110 1,449 1,477 1,474

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -443 -443 2,209 1,766 1,766

 Title 17 Innovative Technology Loans -24 1,756 -297 11,067 12,848 12,824

 Department of Health and Human Services:

 Health Maintenance Organization Loan and Loan Guarantee Fund ...... ...... ...... (**) (**) (**)

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration (**) 279 391 1,666 1,944 1,944

 Department of the Treasury:

 Departmental Offices:

28
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2019 and Other Periods - Continued

[$ millions]

Borrowing from the Federal Financing Bank: - Continued

 Community Development Financial Institutions Fund 29 264 171 696 930 960

 Department of Veterans Affairs:

 Guaranteed Transitional Housing Loans for Homeless Veterans (**) (**) (**) 4 4 4

 Independent Agencies:

 Postal Service ...... -2,200 ...... 13,200 11,000 11,000

 Total Borrowing from the Federal Financing Bank -990 -45 503 76,578 77,524 76,533

Note: Details may not add to totals due to rounding. these funds to agencies in lieu of agencies borrowing directly through Treasury

Note: This table includes lending by the Federal Financing Bank accomplished by or issuing their own securities.

the purchase of agency financial assets, by the acquisition of agency debt ... No Transactions

securities, and by direct loans on behalf of an agency. The Federal Financing (**) Less than absolute value of $500,000

Bank borrows from Treasury and issues its own securities and in turn may loan

29
Securities Held as Investments Net Purchases or Sales (-) Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2019 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture ...... 11 15 221 233 233

 Department of Commerce 2 2 3 ...... ...... 2

 Department of Defense--Military Programs:

 Defense Cooperation Account ...... (**) (**) 8 8 8

 Department of Energy 10 -122 795 56,372 56,240 56,250

 Department of Health and Human Services ...... 10,236 15 ...... 10,236 10,236

 Department of Homeland Security 68 555 550 732 1,220 1,288

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund 602 21,926 -5,128 26,975 48,299 48,901

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 32 -132 -2,711 16,293 16,129 16,161

 Department of the Interior -103 329 206 9,642 10,074 9,971

 Department of Justice 908 -124 717 1,161 130 1,037

 Department of Labor 206 3,973 2,832 31,688 35,455 35,661

 Department of State:

 Foreign Service Retirement and Disability Fund 1 6 6 17 22 23

 Other ...... (**) (**) 15 15 15

 Department of Transportation ...... 32 17 2,289 2,321 2,321

 Department of the Treasury 34 698 -62 23,930 24,594 24,628

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund -2 -14 -17 101 89 87

 Servicemen'S Group Life Insurance Fund ...... (**) (**) 1 1 1

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund -250 13,927 14,372 240,183 254,361 254,110

 Office of Personnel Management:

 Postal Service Contributions -176 -4,081 -1,727 47,145 43,239 43,064

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -255 6,298 13,011 96,431 102,984 102,729

 FSLIC Resolution Fund 2 17 10 852 868 869

 Federal Housing Finance Agency -17 50 21 56 122 105

 National Credit Union Administration 12 390 2,804 15,326 15,704 15,716

 Postal Service -146 -1,964 570 10,493 8,676 8,530

 Tennessee Valley Authority (**) (**) (**) 25 25 25

 Other

 Treasury Securities -501 -2,123 -4,452 13,547 11,925 11,423

 Other -331 -609 232 11,288 11,010 10,679

 Total Treasury Securities 95 49,281 22,079 604,790 653,977 654,071

 Total Federal Funds 95 49,281 22,079 604,790 653,977 654,071

Trust Funds:

 Legislative Branch:

 Library of Congress -1 4 1 21 25 25

 United States Tax Court ...... (**) (**) 12 13 13

 Other (**) (**) 2 30 30 30

 Judicial Branch:

 Judicial Retirement Funds -21 100 51 1,220 1,340 1,319

 Department of Agriculture ...... (**) ...... 6 6 6

 Department of Commerce 7 1,287 4 6,243 7,523 7,530

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund -5 -4 -2 112 113 108

 Other -39 400 138 1,385 1,823 1,784

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -5,351 -1,849 5,830 202,805 206,307 200,956

 Federal Supplementary Medical Insurance Trust Fund -81 7,639 30,690 98,197 105,918 105,837

 Other -13 33 93 3,787 3,832 3,819

 Department of Homeland Security 10 360 811 8,507 8,857 8,867

 Department of the Interior -3 3 15 44 50 47

 Department of Labor:

 Unemployment Trust Fund -995 10,205 10,158 72,576 83,776 82,780

 Other -8 -32 -36 70 45 38

 Department of State:

30
Securities Held as Investments Net Purchases or Sales (-) Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2019 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Foreign Service Retirement and Disability Fund -48 224 223 19,184 19,456 19,408

 Other (**) -2 -1 49 48 48

 Department of Transportation:

 Airport and Airway Trust Fund -76 1,861 1,523 14,212 16,149 16,073

 Highway Trust Fund -1,268 -6,656 -5,221 41,212 35,824 34,556

 Department of the Treasury -125 -6 -280 3,184 3,303 3,177

 Department of Veterans Affairs:

 General Post Fund, National Homes ...... 29 -1 90 119 119

 National Service Life Insurance -58 -461 -482 3,015 2,612 2,554

 United States Government Life Insurance Fund (**) (**) -1 2 2 2

 Veterans Special Life Insurance Fund -16 -94 -82 1,487 1,409 1,393

 Corps of Engineers 146 1,690 746 9,372 10,915 11,062

 Other Defense Civil Programs:

 Military Retirement Fund 330 85,729 84,926 743,421 828,820 829,150

 Other 39 17 -32 1,131 1,109 1,147

 Environmental Protection Agency -10 474 315 5,538 6,021 6,011

 National Aeronautics and Space Administration ...... -1 (**) 17 16 16

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities -7,506 -126,052 -16,513 922,994 804,447 796,941

 Employees Life Insurance Fund 46 1,008 577 46,616 47,578 47,624

 Employees and Retired Employees Health Benefits Fund 95 772 1,795 27,370 28,047 28,142

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -6,906 25,653 5,163 2,801,254 2,833,813 2,826,907

 Federal Disability Insurance Trust Fund -1,649 5,979 20,187 93,401 101,029 99,379

 Independent Agencies:

 Harry S Truman Scholarship Foundation ...... -1 (**) 52 51 51

 Japan-United States Friendship Commission ...... -1 3 36 35 35

 Railroad Retirement Board

 Treasury Securities 173 213 722 2,619 2,659 2,832

 Agency Securities ...... ...... -1 ...... ...... ......

 Other

 Treasury Securities -149 122 -181 1,196 1,467 1,318

 Total Treasury Securities -23,482 8,643 141,139 5,132,462 5,164,587 5,141,105

 Total Agency Securities ...... ...... -1 ...... ...... ......

 Total Trust Funds -23,482 8,643 141,138 5,132,462 5,164,587 5,141,105

Grand Total -23,387 57,924 163,217 5,737,252 5,818,564 5,795,177

Note: Details may not add to totals due to rounding. ... No Transactions

Note: Investments are in Treasury securities unless otherwise noted. (**) Less than absolute value of $500,000

31
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2019 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation Export Fund 15 -25 -47 197 157 172

 Agricultural Credit Insurance Fund -2 -3 12 -200 -201 -203

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans -1 -3 -9 -42 -44 -45

 Rural Housing Insurance Fund -3 43 514 429 476 473

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans -15 -41 116 -178 -204 -219

 Renewable Energy Guaranteed Loan Account -1 -10 -15 -48 -58 -58

 Biorefinery Assistance Loan Account (**) -4 -100 -60 -64 -64

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund ...... (**) (**) -25 -25 -25

 Department of Commerce:

 General Administration:

 Emergency Oil, Gas, and Steel Account ...... ...... ...... 5 5 5

 Department of Defense--Military Programs ...... ...... ...... -69 -69 -69

 Department of Education:

 Office of Student Financial Assistance:

 Federal Family Education Loans 70 546 -2,931 22,125 22,601 22,671

 Department of Energy:

 Title 17 Innovative Technology Loans -6 16 9 -138 -117 -122

 Department of Health and Human Services:

 Health Resources and Services Administration:

 Health Center Loans ...... ...... (**) -1 -1 -1

 Health Education Assitance Loans ...... ...... ...... -70 -70 -70

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Indian Housing Loans -1 -9 -5 -205 -212 -213

 Native Hawaiian Housing Loans (**) -1 1 4 3 3

 Community Planning and Development:

 Community Development Loans (**) -1 -1 -17 -18 -18

 Housing Programs:

 FHA-Mutual Mortgage Insurance Loans 562 21,733 -8,170 -3,634 17,538 18,100

 FHA-General and Special Risk Fund 149 1,957 -419 -4,353 -2,544 -2,396

 Home Ownership Preservation Entity Fund (**) (**) 1 -17 -17 -17

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -147 -1,485 -1,557 8,964 7,626 7,479

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education (**) -24 29 -21 -44 -44

 Department of Transportation:

 Office of the Secretary:

 Minority Business Resource Center Fund ...... ...... (**) (**) (**) (**)

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund ...... ...... ...... (**) (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund 3 -48 217 34 -17 -14

 Department of the Treasury:

 Departmental Offices:

 Air Transportation Stabilization Fund ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program (**) 1 2 -4 -2 -2

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -180 2,281 532 -11,299 -8,837 -9,018

 International Assistance Programs:

 Agency for International Development:

32
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2019 and Other Periods - Continued

[$ millions]

Guaranteed Loan Financing Activity: - Continued

 Ukraine Export Credit Insurance Fund ...... ...... ...... -1,149 -1,149 -1,149

 Loan Guarantees to Israel ...... ...... ...... -1,253 -1,253 -1,253

 Urban and Environmental Credit Guaranteed Loans (**) 3 1 -49 -46 -46

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Development Credit Authority Loan Fund (**) -7 -9 -92 -99 -99

 Tunisia Loan Fund ...... ...... ...... -1,105 -1,105 -1,105

 Overseas Private Investment Corporation 34 13 -163 227 205 239

 Small Business Administration:

 Business Loan Fund -37 305 470 -2,324 -1,982 -2,019

 Independent Agencies:

 Export-Import Bank of the United States -10 290 497 -852 -552 -561

 Net Activity, Guaranteed Loan Financing 429 25,529 -11,024 4,781 29,881 30,310

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund 133 363 268 10,663 10,892 11,025

 Farm Storage Facility Loans -30 21 19 788 839 809

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -1 -1 4 3 3

 Rural Housing Service:

 Rural Community Facility Loans Fund 75 948 683 8,379 9,252 9,326

 Rural Housing Insurance Fund -45 -474 -463 15,710 15,281 15,236

 Multifamily Housing Revitalization Loan Account 1 14 30 380 393 394

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) -1 -1 6 6 6

 Rural Development Loan Fund (**) -13 -13 279 266 266

 Rural Economic Development Loan Fund (**) 6 -10 170 176 176

 Rural Microenterprise Investment Loans (**) 1 3 36 36 37

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans 37 -51 -187 11,558 11,470 11,507

 Rural Electrification and Telecommunications Fund -802 -588 716 49,142 49,357 48,555

 Rural Telephone Bank -2 -17 -28 118 103 101

 Distance Learning and Telemedicine Program -6 -74 -95 767 699 693

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund -4 -40 -92 429 393 389

International Debt Reduction ...... -7 -9 -49 -57 -57

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance -6 -20 17 452 438 432

 Department of Defense--Military Programs -7 -46 -42 1,685 1,646 1,639

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans ...... (**) (**) 3 3 3

 Historically Black College and University Capital Financing

 Fund -1 16 58 1,302 1,320 1,319

 Office of Student Financial Assistance:

 Federal Direct Student Loans -619 -5,483 39,242 1,130,378 1,125,514 1,124,895

 Teach Grant Loans -9 (**) -29 584 592 583

 Temporary Student Loan Purchase Authority -548 -9,300 -7,677 67,335 58,583 58,035

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -421 -472 2,117 1,696 1,696

 Title 17 Innovative Technology Loans -59 2,015 -48 10,724 12,798 12,740

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... -8 (**) 391 383 383

 Consumer Operated and Oriented Plan Program Contingency Fund ...... -1 ...... 59 58 58

 Department of Homeland Security:

 Disaster Assistance Loan Fund -1 60 2 -28 32 32

 Department of Housing and Urban Development:

 Housing Programs:

33
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2019 and Other Periods - Continued

[$ millions]

Direct Loan Financing Activity: - Continued

 Emergency Homeowners' Relief Fund (**) -1 -1 -2 -3 -3

 FHA-Mutual Mortgage Insurance Loans ...... ...... (**) (**) (**) (**)

 FHA-General and Special Risk Fund 2 271 326 1,764 2,033 2,035

 Green Retrofit Program for Multifamily Housing Fund -2 -6 -2 10 6 4

 Department of the Interior:

 Bureau of Reclamation ...... -3 -2 31 28 28

 Bureau of Indian Affairs and Bureau of Indian Education (**) -1 -1 3 2 2

 Assistance to American Samoa Loan Fund ...... -1 -1 8 8 8

 Department of State:

 Administration of Foreign Affairs:

 Repatriation Loans (**) -1 (**) 1 1 1

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 100 738 1,664 15,986 16,624 16,723

 Tiger Tifia Loan Fund -1 -2 -483 49 48 47

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund ...... 682 -91 421 1,103 1,103

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 29 268 179 783 1,022 1,051

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -31 -417 -387 3,967 3,582 3,551

 Troubled Asset Relief Program -40 -41 -40 29 28 -12

 Small Business Lending Program -15 -35 -132 187 167 152

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund 5 1 -36 371 367 372

 Native American Veteran Housing Fund (**) -1 -2 66 64 65

 Transitional Housing Loans (**) (**) (**) (**) (**) (**)

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program -196 233 -299 2,153 2,582 2,387

 Military Debt Reduction ...... ...... ...... 34 34 34

 Agency for International Development:

 International Debt Reduction (**) -55 -56 -84 -139 -139

 Overseas Private Investment Corporation 128 205 155 2,480 2,558 2,685

 International Monetary Programs ...... ...... ...... -278 -278 -278

 Small Business Administration:

 Business Loan Fund (**) -5 -11 170 166 166

 Disaster Loan Fund -39 301 2,181 7,764 8,104 8,066

 Independent Agencies:

 Export-Import Bank of the United States -256 -3,375 -2,700 17,082 13,963 13,707

 Federal Communications Commission:

 Spectrum Auction Loan Fund (**) (**) (**) (**) (**) (**)

 Net Activity, Direct Loan Financing -2,206 -14,343 32,130 1,372,059 1,359,922 1,357,716

Note: Details may not add to totals due to rounding. net present value in accordance with the Credit Reform Act of 1990. Unreimbursed

Note: Federal credit programs provide benefits to the public in the form of costs such as administrative expenses and subsidy payments are reported on a

direct loans and loan guarantees. This table reflects cash transactions and cash basis and included within each program's budgetary totals in Table 5.

balances of the nonbudgetary financing fund accounts that result from the ... No Transactions

disbursement of loans, collection of fees, repayment of principle, sale of (**) Less than absolute value of $500,000

collateral, interest, and subsidy received from the credit program accounts at

34
Classification June July Aug. Sept.

Fiscal

Year to

Date

Comparable

Period

Prior F.Y.

Oct. Nov. Dec. Jan. Feb. March April May

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2019

[$ millions]

Receipts:

 Individual Income Taxes 128,866 93,371 150,557 197,136 56,661 97,236 332,809 103,692 141,149 127,427 1,428,904 1,415,150

 Corporation Income Taxes 8,000 -1,646 46,755 6,754 -669 8,793 44,688 411 51,269 6,967 171,323 166,004

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 83,255 89,824 93,928 111,769 92,335 101,791 124,912 95,061 120,112 89,571 1,002,557 933,577

 Unemployment Insurance 2,941 2,650 292 3,038 2,421 275 9,839 11,553 249 3,849 37,107 40,977

 Other Retirement 357 446 424 256 469 359 378 468 385 428 3,971 3,701

 Excise Taxes 14,715 7,535 7,179 6,776 5,353 7,841 7,093 7,593 7,110 7,868 79,063 70,755

 Estate and Gift Taxes 1,954 1,405 1,675 1,092 1,229 935 2,270 788 1,087 1,158 13,593 18,761

 Customs Duties 5,551 6,285 5,992 6,628 5,076 5,163 5,237 4,934 5,606 6,473 56,945 32,477

 Miscellaneous Receipts 7,053 6,091 5,783 6,530 4,389 6,418 8,319 7,566 6,985 7,606 66,740 84,668

 Total--Receipts This Year 252,692 205,961 312,584 339,980 167,265 228,811 535,545 232,064 333,952 251,348 2,860,202 ......

 (On-Budget) 190,915 139,336 242,999 253,837 95,390 149,414 439,736 158,229 241,695 182,519 2,094,070 ......

 (Off-Budget) 61,777 66,625 69,585 86,143 71,875 79,397 95,809 73,835 92,257 68,829 766,132 ......

 Total--Receipts Prior Year 235,341 208,374 325,797 361,038 155,623 210,832 510,447 217,075 316,278 225,266 ...... 2,766,071

 (On-Budget) 175,308 143,890 263,995 278,535 87,178 135,369 418,983 146,723 245,056 158,870 ...... 2,053,906

 (Off-Budget) 60,033 64,484 61,801 82,503 68,445 75,464 91,464 70,352 71,222 66,396 ...... 712,164

Outlays:

 Legislative Branch 444 372 461 419 371 355 420 411 383 501 4,137 3,910

 Judicial Branch 672 777 628 512 745 605 620 814 584 686 6,644 6,466

 Department of Agriculture:

 Commodity Credit Corporation 5,410 3,697 5,930 1,016 2,175 143 -230 -301 -525 -578 16,736 11,650

 Foreign Agricultural Service 339 85 109 22 281 148 165 141 76 100 1,467 1,659

 Other 12,562 13,321 9,207 12,084 8,857 10,253 10,005 9,763 10,360 10,453 106,865 108,181

 Department of Commerce 660 2,110 1,013 429 921 844 816 959 821 1,046 9,620 7,435

 Department of Defense--Military Programs:

 Military Personnel 26,063 15,849 11,052 7,108 11,399 12,854 10,958 16,402 8,023 10,937 130,644 120,783

 Operation and Maintenance 20,019 22,206 21,542 21,386 21,724 23,142 22,377 24,607 22,409 22,241 221,652 209,346

 International Reconstruction and Other

 Assistance 6 ...... ...... ...... ...... ...... ...... ...... ...... ...... 6 (**)

 Procurement 7,788 10,700 10,199 9,814 9,871 11,516 9,933 10,561 10,720 11,158 102,261 90,782

 Research, Development, Test, and Evaluation 7,068 6,483 7,610 7,092 8,150 7,583 7,676 9,214 6,787 6,805 74,468 63,661

 Military Construction 806 537 631 493 490 869 647 731 558 637 6,398 5,688

 Family Housing 76 98 77 99 64 93 110 89 98 101 906 954

 Revolving and Management Funds 1,210 1,517 398 1,137 -588 -111 -202 457 294 908 5,021 3,024

 Other 351 -295 -63 -301 257 -551 470 -259 -408 -122 -922 -1,363

 Total Department of Defense--Military Programs 63,386 57,096 51,445 46,828 51,368 55,396 51,969 61,801 48,481 52,665 540,435 492,875

 Department of Education 5,097 5,630 6,256 9,708 7,942 6,052 6,658 4,980 34,107 4,962 91,392 50,899

 Department of Energy 2,919 1,808 1,895 2,566 2,200 2,246 2,456 2,663 1,992 2,447 23,192 21,418

 Department of Health and Human Services:

 National Institutes of Health 2,629 3,660 2,746 2,854 2,700 2,835 3,041 3,020 2,980 3,043 29,508 27,491

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 31,891 30,599 33,440 32,884 34,380 34,758 35,588 34,994 33,408 36,230 338,171 320,547

 Federal Hospital Insurance Trust Fund 25,734 34,295 16,821 26,612 26,358 28,221 27,503 43,033 16,974 27,366 272,914 247,447

 Federal Supplementary Medical Insurance

 Trust Fund 36,559 52,186 17,808 35,511 35,446 36,727 38,045 65,390 17,415 38,518 373,605 331,013

 Other 30,669 28,267 30,357 35,696 30,120 28,187 41,807 31,850 32,382 29,710 319,046 303,053

 Administration for Children and Families 4,264 4,820 4,594 4,555 4,365 4,984 4,938 4,469 4,368 4,933 46,291 44,239

 Other -34,581 -33,221 -34,510 -42,027 -35,215 -35,487 -46,620 -36,204 -40,004 -35,770 -373,638 -354,835

 Department of Homeland Security 5,338 4,663 6,527 3,243 4,893 4,963 4,662 4,362 3,970 5,204 47,824 58,890

 Department of Housing and Urban Development 3,782 3,664 3,954 3,797 3,861 3,446 3,437 -12,605 3,988 3,608 20,932 49,786

 Department of the Interior 2,130 478 1,063 725 1,359 796 854 1,213 1,433 1,282 11,333 11,723

 Department of Justice 1,612 3,279 3,947 2,461 3,137 2,692 2,703 3,332 2,829 3,123 29,115 29,675

 Department of Labor:

 Unemployment Trust Fund 2,415 2,217 2,642 3,642 3,018 2,905 2,846 2,396 2,236 2,563 26,880 27,731

 Other -4,582 1,069 1,404 1,341 1,297 -379 640 771 1,058 1,307 3,926 5,841

 Department of State 3,000 3,268 2,038 1,668 1,412 2,729 2,221 2,720 1,485 2,013 22,552 20,703

 Department of Transportation:

 Highway Trust Fund 3,967 3,833 3,060 2,625 2,653 2,521 2,624 3,781 4,007 4,754 33,826 33,108

 Other 2,433 2,633 3,293 1,752 3,902 2,291 2,467 2,619 4,515 3,254 29,159 28,256

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 31,648 35,371 97,203 27,811 28,717 38,938 46,552 47,829 102,800 40,342 497,210 454,215

35
Classification June July Aug. Sept.

Fiscal

Year to

Date

Comparable

Period

Prior F.Y.

Oct. Nov. Dec. Jan. Feb. March April May

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2019 - Continued

[$ millions]

Outlays: - Continued

 Other 6,097 6,791 258 5,229 55,820 24,443 13,195 11,118 5,989 7,860 136,799 136,148

 Department of Veterans Affairs:

 Compensation and Pensions 7,943 15,280 8,161 575 8,188 8,610 8,379 16,592 626 8,455 82,810 68,392

 National Service Life 65 44 59 52 52 67 58 62 48 58 566 612

 Other 8,832 10,253 7,842 7,987 7,915 4,705 8,738 10,466 7,345 8,117 82,201 77,507

 Corps of Engineers 641 771 264 593 608 553 547 296 524 457 5,253 4,600

 Other Defense Civil Programs 4,747 9,715 5,406 1,747 5,378 5,606 3,600 9,039 173 5,337 50,748 45,461

 Environmental Protection Agency 730 761 808 622 914 580 560 646 644 602 6,867 6,751

 Executive Office of the President 32 45 33 9 49 28 37 40 26 56 355 318

 General Services Administration 47 139 -307 656 -939 -137 -98 132 -175 -17 -700 -448

 International Assistance Programs:

 International Security Assistance 1,781 1,073 1,302 485 980 2,623 427 454 479 429 10,033 10,220

 Multilateral Assistance 304 -6 4 3 8 3 175 53 1,319 23 1,887 1,846

 Agency for International Development 827 656 611 583 766 98 830 651 695 1,038 6,754 6,155

 Other -803 115 -2,366 -239 341 -2,550 374 6,915 620 -728 1,678 -993

 National Aeronautics and Space Administration 1,787 1,707 1,992 878 1,899 1,478 1,548 1,844 1,611 1,654 16,397 16,307

 National Science Foundation 632 502 601 461 653 509 518 589 616 693 5,775 5,691

 Office of Personnel Management 9,161 8,108 7,746 9,378 8,044 8,414 9,374 8,388 8,263 8,937 85,813 81,770

 Small Business Administration 100 111 131 90 112 -640 87 98 80 103 273 -188

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 71,770 71,591 71,855 74,118 74,406 74,789 75,028 75,223 80,377 75,641 744,799 699,285

 Federal Disability Insurance Trust Fund

 (Off-Budget) 12,175 11,934 12,042 12,366 12,347 12,628 12,455 12,478 12,547 12,287 123,258 122,251

 Other 4,707 9,113 4,855 283 4,815 4,632 4,867 9,523 69 4,854 47,718 42,681

 Independent Agencies:

 Deposit Insurance Fund -48 -90 -2,609 60 -252 -1,453 -703 -66 -1,213 231 -6,143 -12,663

 FSLIC Resolution Fund -2 -2 -2 -2 -2 -2 -2 -2 -1 -2 -16 -11

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 343 267 -139 -585 -84 -625 -703 1,044 -207 235 -455 -1,226

 Other 3 46 10 ...... 40 167 ...... ...... ...... ...... 265 260

 Other ...... ...... ...... ...... ...... 55 ...... ...... ...... ...... 55 58

 Tennessee Valley Authority 14 146 -58 -188 -287 -319 3 -80 -152 -123 -1,043 -1,117

 Other 3,047 4,423 2,609 3,614 2,324 2,205 2,814 2,701 -1,166 2,285 24,855 21,655

 Undistributed Offsetting Receipts:

 Employer Share, Employee Retirement -21,629 -6,389 -6,224 -5,632 -6,114 -6,383 -6,131 -6,800 -6,191 -6,678 -78,172 -75,303

 Interest Received by Trust Funds 1,329 -2,538 -61,702 -130 -2,054 -1,395 -6,213 -5,159 -62,360 -3,697 -143,921 -145,274

 Rents and Royalties on the Outer Continental

 Shelf Lands -1,848 321 -389 -448 -789 -100 -713 -614 -272 -827 -5,680 -4,088

 Other (**) (**) ...... ...... -1,155 ...... (**) (**) (**) ...... -1,156 (**)

 Totals This Year:

 Total Outlays 353,183 410,864 326,123 331,299 401,243 375,756 375,240 439,833 342,430 371,044 3,727,014 ......

 (On-Budget) 279,122 328,697 284,536 256,096 316,103 290,478 299,230 352,744 292,171 293,461 2,992,638 ......

 (Off-Budget) 74,061 82,166 41,588 75,203 85,140 85,278 76,011 87,089 50,259 77,582 734,377 ......

 Total-Surplus (+) or Deficit (-) -100,491 -204,903 -13,539 8,681 -233,977 -146,945 160,304 -207,768 -8,477 -119,696 -866,812 ......

 (On-Budget) -88,207 -189,361 -41,537 -2,259 -220,713 -141,064 140,506 -194,514 -50,476 -110,942 -898,568 ......

 (Off-Budget) -12,284 -15,541 27,997 10,940 -13,265 -5,881 19,798 -13,254 41,999 -8,753 31,756 ......

 Total Borrowing from the Public 80,897 200,137 58,595 103 149,613 -45,932 -12,194 9,497 -12,336 24,422 452,803 894,634

 Total-Outlays Prior Year 298,555 346,922 348,989 311,801 370,862 419,576 296,192 363,871 391,136 302,131 ...... 3,450,035

 (On-Budget) 229,104 270,084 311,314 241,614 291,226 339,599 223,977 283,419 344,954 228,731 ...... 2,764,023

 (Off-Budget) 69,451 76,838 37,676 70,186 79,636 79,977 72,215 80,452 46,182 73,401 ...... 686,013

 Total-Surplus (+) or Deficit (-) Prior Year -63,214 -138,547 -23,192 49,237 -215,239 -208,744 214,255 -146,796 -74,858 -76,865 ...... -683,965

 (On-Budget) -53,796 -126,194 -47,318 36,920 -204,049 -204,230 195,006 -136,696 -99,899 -69,861 ...... -710,116

 (Off-Budget) -9,418 -12,354 24,126 12,317 -11,191 -4,514 19,249 -10,100 25,041 -7,005 ...... 26,152

Note: Details may not add to totals due to rounding. (**) Less than absolute value of $500,000

... No Transactions

36
This Month

Excess Beginning of

This Year This Month

Close of

This Month

Fiscal Year to Date Securities Held as Investments

Current Fiscal Year

Classification

Receipts Outlays Excess Receipts Outlays

Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of July 31, 2019

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway 1,510 1,445 65 13,752 12,620 1,132 14,212 16,149 16,073

 Black Lung Disability 14 18 -4 188 179 9 ...... ...... ......

 Federal Disability Insurance 10,635 12,287 -1,652 129,198 123,258 5,940 93,401 101,029 99,379

 Federal Employees Life and Health ...... -141 141 ...... -1,293 1,293 73,986 75,625 75,766

 Federal Employees Retirement 3,372 7,781 -4,408 57,137 75,043 -17,906 943,409 825,256 817,681

 Federal Hospital Insurance 21,205 27,497 -6,292 272,209 274,413 -2,204 202,805 206,307 200,956

 Federal Old-Age and Survivors Insurance 68,775 75,641 -6,866 770,426 744,799 25,626 2,801,254 2,833,813 2,826,907

 Federal Supplementary Medical Insurance 38,007 38,518 -510 378,678 373,605 5,073 98,197 105,918 105,837

 Hazardous Substance Superfund 39 120 -81 1,394 1,092 302 4,918 5,283 5,260

 Highways 3,709 5,765 -2,056 34,387 42,822 -8,435 41,212 35,824 34,556

 Military Advances 3,108 2,334 774 26,894 27,642 -748 ...... ...... ......

 Military Retirement 5,290 5,091 199 135,479 50,511 84,968 743,421 828,820 829,150

 Railroad Retirement 1,904 1,292 613 12,294 12,553 -259 2,619 2,659 2,832

 Unemployment 3,852 2,572 1,280 39,143 26,967 12,176 72,576 83,776 82,780

 Veterans Life Insurance 2 76 -74 131 684 -553 4,503 4,022 3,949

 All Other Trust 689 473 216 7,587 4,174 3,413 35,950 40,107 39,979

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 162,112 180,769 -18,656 1,878,897 1,769,071 109,825 5,132,462 5,164,587 5,141,105

 Less: Interfund Transactions 62,798 62,798 ...... 784,317 784,317 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 99,315 117,971 -18,656 1,094,579 984,754 109,825

Total Federal Fund Receipts and Outlays 152,087 253,127 -101,040 1,766,416 2,743,054 -976,637

 Less: Interfund Transactions 54 54 ...... 793 793 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 152,033 253,073 -101,040 1,765,623 2,742,261 -976,637

Net Budget Receipts & Outlays 251,348 371,044 -119,696 2,860,202 3,727,014 -866,812

Note: Details may not add to totals due to rounding. receipts and outlays since the receipt side of such transactions is offset

Note: Interfund receipts and outlays are transactions between Federal funds and against budget outlays. In this table, Interfund receipts are shown as an

trust funds such as Federal payments and contributions, and interest and profits adjustment to arrive at total receipts and outlays of trust funds respectively.

on investments in Federal securities. They have no net effect on overall budget ... No Transactions

37
Classification This Month Fiscal Year

to Date

Comparable Period

Prior Fiscal Year

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, July 2019 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 127,427 1,428,904 1,415,150

 Corporation Income Taxes 6,967 171,323 166,004

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 89,571 1,002,557 933,577

 Unemployment Insurance 3,849 37,107 40,977

 Other Retirement 428 3,971 3,701

 Excise Taxes 7,868 79,063 70,755

 Estate and Gift Taxes 1,158 13,593 18,761

 Customs Duties 6,473 56,945 32,477

 Miscellaneous Receipts 7,606 66,740 84,668

 Total 251,348 2,860,202 2,766,071

Net Outlays

 National Defense 55,702 568,237 518,771

 International Affairs 2,765 43,827 38,611

 General Science, Space, and Technology 2,754 26,238 25,792

 Energy 1,372 3,698 2,068

 Natural Resources and Environment 3,211 29,406 30,992

 Agriculture 525 31,828 24,967

 Commerce and Housing Credit 2,208 -24,712 2,803

 Transportation 9,415 75,995 73,643

 Community and Regional Development 2,181 24,666 38,706

 Education, Training, Employment, and Social Services 7,403 117,466 76,499

 Health 50,284 482,211 453,244

 Medicare 55,748 540,505 479,888

 Income Security 37,854 445,899 426,527

 Social Security 87,923 867,942 821,479

 Veterans Benefits and Services 16,688 165,935 146,934

 Administration of Justice 6,820 54,807 50,859

 General Government 744 14,633 17,417

 Net Interest 34,953 343,439 300,225

 Undistributed Offsetting Receipts -7,505 -85,006 -79,390

 Total 371,044 3,727,014 3,450,035

Note: Details may not add to totals due to rounding.

38
Explanatory Notes 

1. Flow of Data into Monthly Treasury Statement

The Monthly Treasury Statement (MTS) is assembled from data in the

central accounting system. The major sources of data include monthly

accounting reports by Federal entities and disbursing officers, and daily 

reports from the Federal Reserve banks. These reports detail accounting

transactions affecting receipts and outlays of the Federal Government and

off-budget Federal entities, and their related effect on the assets and

liabilities of the U.S. Government. Information is presented in the MTS on

a modified cash basis. 

2. Notes on Receipts 

Receipts included in the report are classified into the following major

categories: (1) budget receipts and (2) offsetting collections (also called

applicable receipts). Budget receipts are collections from the public that

result from the exercise of the Government's sovereign or governmental

powers, excluding receipts offset against outlays. These collections, also 

called governmental receipts, consist mainly of tax receipts (including

social insurance taxes), receipts from court fines, certain licenses, and

deposits of earnings by the Federal Reserve System. Refunds of receipts

are treated as deductions from gross receipts. 

Offsetting collections are from other Government accounts or the public

that are of a business-type or market-oriented nature. They are classified 

into two major categories: (1) offsetting collections credited to

appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts

deposited in receipt accounts). Collections credited to appropriation or

fund accounts normally can be used without appropriation action by

Congress. These occur in two instances: (1) when authorized by law,

amounts collected for materials or services are treated as 

reimbursements to appropriations and (2) in the three types of revolving

funds (public enterprise, intra governmental, and trust); collections are

netted against spending, and outlays are reported as the net amount. 

Offsetting receipts in receipt accounts cannot be used without being

appropriated. They are subdivided into two categories: (1) proprietary

receipts - these collections are from the public and they are offset against 

outlays by agency and by function, and (2) intra governmental funds -

these are payments into receipt accounts from Governmental

appropriation or fund accounts. The transactions may be intrabudgetary

when the payment and receipt both occur within the budget or from

receipts from off-budget Federal entities in those cases where payment is 

made by a Federal entity whose budget authority and outlays are excluded

from the budget totals. 

Intrabudgetary transactions are subdivided into three categories: (1)

interfund transactions, where the payments are from one fund group

(either Federal funds or trust funds) to a receipt account in the other fund

group; (2) Federal intrafund transactions, where the payments and 

receipts both occur within the Federal fund group; and (3) trust intrafund

transactions, where the payments and receipts both occur within the trust

fund group. 

Offsetting receipts are generally deducted from budget authority and

outlays by function, by subfunction, or by agency. There are four types of

receipts, however, that are deducted from budget totals as undistributed 

offsetting receipts. They are: (1) agencies' payments (including payments

by off-budget Federal entities) as employers into employees retirement

funds, (2) interest received by trust funds, (3) rents and royalties on the

Outer Continental Shelf lands, and (4) other interest (i.e., interest collected

on Outer Continental Shelf money in deposit funds when such money is

transferred into the budget). 

3. Notes on Outlays

Outlays are generally accounted for on the basis of checks issued,

electronic funds transferred, or cash payments made. Certain outlays do

not require issuance of cash or checks. An example is charges made

against appropriations for that part of employees' salaries withheld for 

taxes or savings bond allotments - these are counted as payments to the

employee and credits for whatever purpose the money was withheld.

Outlays are stated net of offsetting collections (including receipts of

revolving and management funds) and of refunds. Interest on the public

debt (public issues) is recognized on the accrual basis. Federal credit 

programs subject to the Federal Credit Reform Act of 1990 use the cash 

basis of accounting and are divided into two components. The portion of

the credit activities that involve a cost to the Government (mainly

subsidies) is included within the budget program accounts. The remaining

portion of the credit activities are in non-budget financing accounts.

Outlays of off-budget Federal entities are excluded by law from budget

totals. However, they are shown separately and combined with the onbudget outlays to display total Federal outlays. 

4. Processing

The data on payments and collections are reported by account symbol

into the central accounting system. In turn, the data are extracted from 

this system for use in the preparation of the MTS. 

There are two major checks which are conducted to assure consistency

of the data reported: 

1. Verification of payment data. The monthly payment activity reported by

Federal entities on the Statements of Transactions is compared to the

payment activity of Federal entities as reported by disbursing officers. 

2. Verification of collection data. Reported collections appearing on

Statements of Transactions are compared to deposits as reported by

Federal Reserve Banks. 

5. Other Sources of Information About Federal Government Financial

Activities

x A Glossary of Terms Used in the Federal Budget Process, 2005

(Available from the U.S. Government Accountability Office, at calling

202-512-6000. This glossary provides a basic reference document

of standardized definitions of terms used by the Federal Government

in the budget making process). 

x Daily Treasury Statement (Available on the internet at

http://www.fms.treas.gov/dts/). The Daily Treasury Statement is

published each working day of the Federal Government and provides

data on the cash and debt operations of the Treasury. 

x Monthly Statement of the Public Debt of the United States (Available

on the internet at http://www.treasurydirect.gov/govt/reports/pd/

mspd/mspd.htm). This publication provides detailed information

concerning the public debt. 

x Treasury Bulletin (Available from GPO, Washington, D.C. 20401 on a

subscription or single copy and on the internet at

http://www.fiscal.treasury.gov/fsreports/rpt/treasBulletin/treasBulle

tin_home.htm). Quarterly, contains a mix of narrative, tables, and

charts on Treasury issues, Federal financial operations, international

statistics, and special reports. 

x Budget of the United States Government, Fiscal Year 20__ (Available

from GPO, Washington, D.C. 20401 on a subscription basis only and

on the internet at http://www.access.gpo.gov/usbudget). This

publication is a single volume which provides budget information and

contains: 

- Appendix, The Budget of the United States Government, FY

20

- The United States Budget in Brief, FY 20

- Analytical Perspectives

- Historical Tables

x Combined Statement of Receipts, Outlays, and Balances of the

United States Government (Available from Bureau of the Fiscal

Service, U.S. Department of Treasury, Washington, D.C. 20227 and

on the internet at http://www.fiscal.treasury.gov/fsreports/rpt/

combStmt/combStmt_home.htm). This report includes budgetary

results at the summary level and presents individual receipt and

appropriation accounts at the detail level. 

39
Scheduled Release

The release date for the $XJXVW 201 Statement 

will be 2:00 p.m. EST 6HSWHPEHU  201.

Internet service subscribers can access the current issue of the Monthly Treasury Statement through the

Bureau of the Fiscal Service’s website:

http://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mthTreasStmt_home.htm